Error
  • JLIB_APPLICATION_ERROR_COMPONENT_NOT_LOADING
  • JLIB_APPLICATION_ERROR_COMPONENT_NOT_LOADING
  • Error loading component: com_content, 1
  • Error loading component: com_content, 1
  • Error loading component: com_content, 1

bby New York, November 21st (TradersHuddle.com) - Shares of Best Buy Co., Inc. (NYSE:BBY) booked a new 52 week low by trading below $11.74. Traders are definitely monitoring Best Buy's price action to see if this move attracts further selling, or if this last push down sets a tradable bottom in the stock.

Best Buy Co., Inc. (NYSE:BBY) retails consumer electronics, computers, entertainment software, appliances and related services through its retail stores, as well as its web site.

Best Buy is currently trading -3.26% versus its previous trading session close, and it has calculated support and resistance at $13.52 and $16.25 respectively. Clearly, with this action this range has been penetrated, and traders will be reviewing price action to establish a new tradable range.

The overall market index S&P 500 is trading flat by 0% from its previous trading close, which means that Best Buy stock is underperforming the overall market.

TradersHuddle Search

Stock Search:


Site Search:

Loading

Recent Trading Ideas

Latest Partner Headlines

Stock Market

Loading
Chart
o Dow Jones 17,416.85 ▲225.48 (1.31%)
o S&P 500 2,021.25 ▲19.09 (0.95%)
o NASDAQ 4,683.41 ▲45.41 (0.98%)
INDEXDJX:.DJI

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:17,416.85 Trade time:4:31PM EST Value change:▲225.48 (1.31%)
INDEXSP:.INX

S&P 500

Company ID [INDEXSP:.INX] Last trade:2,021.25 Trade time:4:31PM EST Value change:▲19.09 (0.95%)
INDEXNASDAQ:.IXIC

NASDAQ

Company ID [INDEXNASDAQ:.IXIC] Last trade:4,683.41 Trade time:5:15PM EST Value change:▲45.41 (0.98%)
Copyright © 2013 TradersHuddle.com. All Rights Reserved.