Morning Trend | Best Buy consolidates with reduced volume, will it welcome a rebound window after testing support?

Best Buy (BBY.US) has recently shown signs of a volume contraction consolidation after three consecutive days of gains. Yesterday, bulls made a slight attempt to challenge the $78 resistance level during the trading session but failed to establish a firm position. There was a slight return of buying at lower levels, but the overall market sentiment remains cautious. "Can BBY push higher this time? If it holds on the pullback, the next rebound point may depend on intraday fluctuations." Community traders are generally focused on signals from short-term trends. From a fundamental perspective, the demand for consumer electronics is marginally improving, and the company's adjustments to its online and offline strategies, combined with major promotional cycles, along with a slow recovery in demand for durable goods in American households, provide expected support for performance. Nevertheless, compared to technology growth stocks, BBY's recent rotation of weighted funds has been below expectations, with rapid style switching within the sector, and significant profit-taking pressure after the main force's rally. On the daily chart, the 5/10/20-day moving averages are forming a triangular convergence pattern, with the $78 resistance being evident, but the support range between $75 and $74.5 is closely monitored. If short-term pullbacks maintain moderate trading volume, it could attract stabilizing funds and open a window for a phase rebound. If volume expands, it may lead to a renewed inflow of short-term funds into the community. Currently, the funding outlook is cautious, and short-term trading suggestions include closely observing intraday fluctuations and volume ratio indicators in the support area. Patience is required to wait for signals from the main force's actions; only after a stable pullback can one consider positioning for a rebound. If it breaks down, the short-term risk will shift to a deeper adjustment