Hey Traders, Best Buy has been having a nice bullish run. Best Buy's price for the past 8 days has increased by 5.5% . Furthermore, today the MACD indicator provided a bullish crossover. Typically, when the MACD crosses over the signal line, it is a bullish indication and when the MACD crosses below the signal line, it is a bearish indication. Let's see if it can...
Best Buy to Hold Black Friday Sales on Oct 13-14 Over 116 can continue higher towards 119.48. Above 119.48 can move higher 2-5 more.
AMZN WAS ABLE TO CLOSE ABOVE THE 3250 LEVEL ON FRIDAY. LEVELS ABOVE ARE, 3286, 3313, 3344, 3383. Amazon Prime Day is on Oct 13-14th. WMT, BBY, TGT next week will be offering their own online discounts and promotions. So I would keep those on watch.
Conveniently lines up, 61% retracement of most recent big league move, previous gap up level with the dashed line. Plus it’s fitty day moving average territory. Might move a little higher in the meantime after a couple more boring days. Then on to mr fitty day 50 DMA
Best Buy has been on a tear, as long as this last push upwards was not a false bull trap, we should be able to hit the 1.0 Fib Extension, possibly the 161.8% We have 2 colors (purple, and blue) which represent short term (blue) and long term (purple), we can use those to find resistance zones and potential sell offs.
BBY confirmed to surpass the old peak with (Big Gap) support right on the old peak (can be considered as SHS) . BBY buy : $96.69 BBY target : $125 +-2 Stop loss : $88 or 10% Wish you good deals!
AMZN to second fib level.
I had the "pleasure" of walking through a Best Buy today(/s): -Although I was slightly impressed by their revamped sales floor/merchandising updates(definitively a very expensive refresh); their limited 2 week refund policy disappointed me compared to the industry standard(>30 days). -I walked past several "associates" who either avoided eye contact, or quickly...
$BBY cleared $80.87 with high volume and targeting the pivot resistance now. If you find my charts useful, please leave me a "like"
#BESTBUY made higher high, pulling back now after fake brokeout. It holds above #RSI 50 and may bounce back after meets with 10SMA.
i really hope POTUS will stop tweeting for the next week and pushing the market up
It's a short market week here, but this is what we've got ... . EARNINGS: HPE (43/33): Announces Monday after market close. ANF (85/80): Announces Tuesday before market open. BBY (70/42): Announces Tuesday before market open. HPQ (50/36): Announces Tuesday after market close DE (34/29): Announces Wednesday before market open. Of these, ANF and BBY appear most...
Sell Balfour Beatty (BBY.L) Balfour Beatty plc is an infrastructure company that provides maintenance, upgrade and management services in power transmission, utilities infrastructure, and road and rail. The Company operates through three segments: Construction Services segment, which is engaged in the physical construction of an asset; Support Services segment,...
BBY gapped up on earnings news last quarter, then failed to complete its intermediate-term bottom. It did find support at the gap low, but now faces the challenge of resistance above the current price.
Gapped up nicely, however it's Overbought. May setup for a short term play if it breaks out to the top!
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