Bby earnings ideaBlue line is buy break
Red line is sl if taking buy
Red line is sell break
Blue line sl if taking sell
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About Best Buy Co., Inc
Sector
Retail Trade
Industry
Electronics/Appliance Stores
CEO
Corie Sue Barry
Website
bestbuy.com
Headquarters
Richfield
Employees
90K
Founded
1966
ISIN
US0865161014
Best Buy Co., Inc. engages in the provision of consumer technology products and services. It operates through two business segments: Domestic and International. The Domestic segment includes operations in all states, districts, and territories of the U.S., operating under various brand names, including Best Buy, Best Buy Mobile, Geek Squad, Magnolia Audio Video, Napster, and Pacific Sales. The International segment is made up of all operations outside the U.S. and its territories, including Canada, Europe, China, Mexico, and Turkey. It also markets its products under the brand names: Best Buy, bestbuy.com, Best Buy Direct, Best Buy Express, Best Buy Mobile, Geek Squad, GreatCall, Magnolia and Pacific Kitchen and Home. The company was founded by Richard M. Schulze in 1966 and is headquartered in Richfield, MN.
Bestbuy It looks like we should have short term rally. RSI is way oversold. MACD is still bearish and the long term trend is bearish. This is not a company you want to hold in an economic downturn.
Key Points
- Long Term Support is $48 area.
- Citi Downgraded BestBuy $65
We see a short squeeze after C
BBY Best Buy - A Ripe Opportunity for 50%Best Buy is a company that I never liked. However, recently I had to deal with them and found that the stores are in much nicer shape, the inventory is much better, the web experience is actually pretty clean, and moreover, at least here in Canada, there's actually nowhere else to buy electronics. T
TCLevel on $BBY - WeeklyThe price should go to use the bearish level at $69 as next support.
I see the next Weekly resistance at 94.60
BBY bearishI am bearish on BBY. There was a cup pattern that it made since the beginning of 2023. After that, it started to fall and continue to downtrend. My thoughts are if it can not bounce about 84.15 I will short it.
Earnings watch todayEarnings watch today, Thursday 3/2/2023. Here's a 4hr ext chart comparison, with the tickerTracker MFI Oscillator set to 20, color coordinated with these 11 tickers.
BBY
AI
AVGO
TD
M
DELL
ZS
COST
KR
CHPT
VSCO
TBox For BBYNext Boxes for BBY.
A move out of the current box will lead the price to test the previous lows below $80 or the previous highs at about $88
Best Buy Co. a best buy ⁉Placed my buy order in this stock. As you've seen the price has broken the consolidation rectangle to the upside. So let's see how this plays out ...
See all ideas
This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
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