Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
BBY dough
Best Buy Co., Inc.
Long
BBY dough
By ckling99
Follow
Follow
Updated
May 26, 2020
6
May 25, 2020
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.
May 26, 2020
Order cancelled
Trend Analysis
ckling99
Follow
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.