TRADER-WANNA-BE

BBN.ASX_Down Trendline Breakout Trade_Long

Long
ASX:BBN   BABY BUNTING GROUP LIMITED
ENTRY: 5.86
SL: 5.23
TP1: 6.24
TP2: 6.65

- ADX<20. Would like to be higher.
- RSI<50,RSI<70
- Daily RS -ve
- Daily FFI +ve
- Daily MACD +ve
- Weekly RS +ve
- Weekly FFI -ve
- Weekly MACD -ve
- Broke out down-trendline on 19 Jul 2021, with followed up higher volume today. Hence, possible change of trend.
- Not a good closing today.
- Watch or tighten SL in coming days.
Trade closed: stop reached: - Hit adjusted SL: 5.35
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