TMCNet:  Uptrend Call Working As Best Buy Stock Rises 71.3% (BBY)

[April 16, 2013]

Uptrend Call Working As Best Buy Stock Rises 71.3% (BBY)

Apr 16, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Best Buy (NYSE:BBY) on January 11th, 2013 at $13.70. In approximately 3 months, Best Buy has returned 71.30% as of today's recent price of $23.46.

Best Buy share prices have moved between a 52-week high of $26.29 and a 52-week low of $11.20 and are now trading 109% above that low price at $23.46 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.4% while the 200-day MA has risen 0.4%.


Best Buy Co., Inc. retails consumer electronics, home office products, entertainment software, appliances and related services through its retail stores, as well as its web site. The Company also retails pre-recorded home entertainment products through retail stores.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Best Buy shares.Log in and add Best Buy (BBY) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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