BE is drifting lower toward the bottom of a parallel channel just above $21.79 after a roughly $8 bounce off $21.50; if it gaps below that boundary, it could drop to 18837, the 78.6% fib of the July low to September high, and keep selling for several days, with the current pop only near-term or intraday.

We've had really whiplash price action on these earnings we're going to cover with WDC and BE.

And lastly guys, BE reported earnings today. Look at the price action drifting lower, getting ever so close to the bottom of this parallel channel right above $200 at $21.79. Let's pull up uh the hourly time frame.

Oh guys, look, we went down $21.50. So that's where the current bounce is providing the stock. You can see here we got down right basically to that trend line and then rallied all the way up here to 215.

So it put in a nice $8 pop right here and then has since started drifting lower on the chart.

So, if BE gaps beneath this bottom portion of the parallel channel, I'm anticipating BE to almost come straight down to 18837. That's the fib retrace level uh from the pivot low in July of this year up to the most recent pivot high in September.

That's that 786 level. And I could see a scenario where we breach this and then likely continue to sell for several days. So, this could be just a near-term pop, potentially intraday if we do gap over and below the bottom range of that parallel channel, guys.