20.11.2014 - BestBuy is trying to renew the local maximum

The price of BestBuy company continues to grow inside the rising channel and after the last correction compensated previously lost ground. If the price fixates above 35.50, quotes will continue the growth up to 44.20. Correction is limited by lower boundary of the channel and in case of breaking and fixing below the local level of at 30.00, we recommend to open short positions with the target near 22.40. We expect further growth of quotations in the medium term.

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