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JamesChua

Long just-before or on 20th November 2018 Earnings Release Date

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Best Buy Co., Inc. (NYSE:BBY)  
JamesChua  
NYSE:BBY   Best Buy Co., Inc.
Beyond Technical Analysis earningsanalysis
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beyondta earningsanalysis
The last time BBY was in a downtrend with earnings release was 16 Nov 2017. 4-weeks after that the stock was higher; this was the case even through earnings per share was a miss (0.78 versus 0.79 consensus).

This time, expect an earnings per share beat for 20 Nov 2018.

Long at or around $68, Hold until $80 the resistance of current channel. Hold position until Christmas 2018.
JC
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