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SpektreSignal
Sep 9, 2020 2:29 PM

Ya best buy Best Buy. 

Best Buy Co., Inc.NYSE

Description

Re-test of long-term trendline.

Stochastic RSI bottomed out. Possible double bottom.

Daily price action making higher lows. Wicks on the past two daily candles show buyers are on the sidelines.

Q4 is historically strong for BBY. Good old Black Friday.

A break below the long-term trendline would signal an exit point. 5% downside potential.
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