BBY dough

Updated
Analysis done on 25/05/2020

Fundamental
→ 20 & 40 SMA sloping up
→ 20MA > 40MA
→ Low of daily bar touches 20MA or goes below 20MA
→ Close above 40MA

Awaiting buy trigger
→ CCI <-100

Pull trigger
→ Buy 1 bid above previous day high
→ Sell 5 bars later exclusive of initial bar

Stop Loss
→ 50% below price bought

I personally feel that this is a good swing trade; can consider buying 1 bid above previous high and close and take profits 5 bars later.
Order cancelled
Trend Analysis

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