Morning Trend | Best Buy's extreme low-volume sideways movement, is the main force in consumer electronics about to return?

Technical Forecast
2026.01.28 13:00
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Best Buy (BBY.US) in the US stock market today made 'hold' players feel extremely suppressed, with a day of extreme low-volume sideways trading, and the stock price fluctuating repeatedly within a range, completely exemplifying the main force's cautious wait-and-see stance. After a sharp drop at the opening, market trading was extremely quiet, and traders in the group were discussing: "Is the main force really waiting to make big moves after the earnings report?" The rotation of funds was noticeably conservative, with the consumer electronics sector becoming a safe-haven 'small snowball.' Industry news was scarce, and the overall market was in the traditional off-season at the end of the year. Fundamental expectations have been repeatedly hyped by the recent inventory topic, with a strong wait-and-see sentiment among bulls in the short term, and no one willing to chase the rise recklessly. Technical indicators across the board have moved down, with K-line moving averages overlapping in a bearish arrangement, but the low-volume decline during the day led some funds to attempt a 'bottom fishing' strategy, with the mainstream strategy being to wait for a large-scale return signal of funds to the sector. The community atmosphere is quite subtle, with some complaining about 'bottoming out being exhausting,' while others are preparing to take advantage of the situation. It is recommended to pay close attention to subsequent changes in trading volume; if volume increases, the sector may experience a wave of small-scale volatility. Once favorable earnings reports or industry opportunities arise, funds are likely to rush in, and there may be a brief gathering and rise of the main force at that time. In terms of operations, defense should still be prioritized, and blindly increasing positions is not recommended; early positioning and flexible profit-taking are key