Two days in a row it closed pennies from the daily high....good sign for now. There were two talking heads on CNBC who were singing about BBY yesterday and it stabilized and went higher when Dominic Chu from CNBC mentioned how it was lagging this year and a floor specialist was telling investors late in the day to buy it because it was cheap. Maybe it mattered it who knows?
It's usually a good idea to go against what the voices from the floor are telling you on CNBC. After all, they are not doing Public Service Announcements and their gains come via your bad moves. When BBY was trading near 15 there was a constant message to sell the shares before it goes to zero.
If you track the advice given on CNBC it probably runs around 80% incorrect.