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Posted On: 01/04/2017 11:08:36 AM
Post# of 92
There is a crystal clear buying opportunity approaching on shares of Best Buy Co Inc (NYSE:BBY). It has two support keys to it, one is gap fill and the other is major former resistance which now becomes major support. The levels coincide at $40.00. This tells advanced traders and investors that when Best Buy stock hits $40.00 it can be bought for a swing trade bounce. The bounce should be a minimum of 10%, back to $44-$45.
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