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Computer and Electronics Retail
IN00288.US
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Morning Trend | Best Buy's extreme low-volume sideways movement, is the main force in consumer electronics about to return?

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

Technical Forecast·
Technical Forecast·

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

Technical Forecast·
Technical Forecast·
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