BBY is probably evolving about as quickly and as correctly as a national big box retailer can.
Shares of the mammoth retailer have been punished of late, but the bigger picture painted by its weekly chart shows the stock still in an uptrend.
Now that prices are within striking distance of our target, let's review the charts.
Let's check the indicators.
There's a lot to look at on the chart, so I will go through it slowly to see if you see what I see.
There was plenty of idiotic behavior to go around amid the recent short squeeze frenzy, but it doesn't appear to reach the level of illegality.
Let's check the charts of WMT.
Yet the stock is lower on Wednesday and the reason behind the selloff is plain to see.
Ahead of earnings, let's take a look at SHOP's charts.
WMT has been stuck in a channel for some time flailing around its 50 DMA.