ARTICLE SYNOPSIS...Best Buy looks like a good buy after a break above the upper trendline of a falling pitchfork.
ARTICLE SYNOPSIS...Shares of Best Buy plunged nearly nine percent, setting the stage for yet more downside.
ARTICLE SYNOPSIS...This huge specialty retailer of consumer electronics may be poised for another large move.
ARTICLE SYNOPSIS...This huge specialty retailer of consumer electronics may be poised for another large move.
ARTICLE SYNOPSIS...As the markets bounce, many stocks will try to follow, including Best Buy Co.
ARTICLE SYNOPSIS...Best Buy (BBY), an important retailer and cyclical stock, led the market higher in 2003, but the early signals in 2004 point to weakness that could extend into the industry and sector.
ARTICLE SYNOPSIS...Best Buy is tracing out an ascending triangle on the daily chart, but the weekly chart suggests that this could just be a reaction rally within a larger downtrend.
ARTICLE SYNOPSIS...Best Buy has a large double top working on the weekly chart, but support has yet to be broken and there is a small double bottom working on the daily chart.
ARTICLE SYNOPSIS...While some may have longed for a head and shoulders bottom, the July breakdowns in Best Buy add to the saga of retail's woes.
ARTICLE SYNOPSIS...Best Buy spearheaded the retail group, rising from mid-August to early November, but waning momentum and increasing volume on the downside may spell trouble ahead.