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TRADER-WANNA-BE
Jul 20, 2021 1:34 PM

BBN.ASX_Down Trendline Breakout Trade_Long Long

ASX:BBN1D
BABY BUNTING GROUP LIMITEDASX

Description

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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

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- Hit adjusted SL: 5.35
Trend AnalysisTechnical IndicatorsBBNASX
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