Traders and investors in the pre-market on March 1, 2018 were questioning how BBY would move. While many knew there was a continuation of an uptrend, there was still uncertainty until the release of the earnings and announcements before the opening bell. However, there were also BBY leading indicators that saw the uptrend coming, predicted on February 16, 2018 before the recent release of the BBY reports.
The first uptrend of BBY was predicted on January 8, 2018 and the second uptrend was predicted on February 16, 2018. During the market opening, the stock saw an uptrend of 3.02% with $75.46 and 490, 782 shares which were traded, as indicated by BluFractal. Traders and investors which were speculating over this stock saw 3 revisions for the forecast, specifically related to the end of their quarter on January 2018. The consensus EPS forecast for this was at $2.05 showing a much higher opening.
The BBY leading indicators also were able to predict the pivot points for both buy and sell zones. When looking at the BluNeural system in early February, it identified a buy zone, even after the downtrend. This was earlier than the uptrend started, letting traders and investors know accurate predictions for the current BBY trends that are being experienced.
The BBY leading indicators are able to show the market moves before the pre-market and the expected outcomes. For traders and investors, this identifies a precise approach to know when to buy and sell as well as how the market is going to move. While many saw on March 1, 2018 how much the BBY stock moved with an uptrend, others already knew the predictions in advance.
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