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THOMASCOOK | WEEKLY ANALYSIS | Be patient | 70-120% potential

Long
NSE:THOMASCOOK   THOMAS COOK
The stock was in downtrend. Now has changed its structure to HH, HL.
Stock is in congestion zone right now. Strong and decisive break needed above 70

17/6/21

- Parameter check
- Classic HH-HL structure on W
- D- (above all major ema ) W - EMA 20-50 crossover
- Closing above 70-72 with VOL (check breakout momentum) will
- Ascending triangle breakout above 72 on W
- RSI in overbought zone at the moment

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