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Best Buy Cup & Handle
BBY
, 1D
Long
BBY: Best Buy Cup & Handle

Best Buy is setting up a cup and handle pattern as we close out October. Displayed in the chart the same setup happened last year from end of November through January and bounced off the 50 day EMA early February. Price consolidated, broke down over a 22 day span then bounced up for a 12% increase after forming the handle. The same exact setup is forming in the...

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