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Bestbuy

WAL-MART plungin nextWMT Wal-Mart made their high in 2015 and ever since it's going down. More problems will surface with this company as more days pass by. But there are only 3 Green support lines @ work 1997, 1987, 1982. Probably the next good support is area of $50-$45. Then when it breaks it is possible to re-visit $5 area for ultimate buy zone. With the time line analysis it may take some time to plunge around 2024 or before. Retail markets all around the US are doing almost the same though.
NYSE:WMTShort
by sum1
Short position on Best Buy (BBY)NYSE:BBY
NYSE:BBYShort
by TropicRush
Is BBY a good deal?Update from my previous post. Looks like BBY is rallying and will continue to possibly around the $36 PT. Expecting this to hit max PT of $37.50. Searching for conformation of rally continuation such as a test of support, probably around the inner declining dotted line or at the previous high resistance of ~$35. So temporary long until otherwise.
NYSE:BBYLong
by TraderMD
11223344556677
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Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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