Reason for long
a) Triangle breakout possible
b) Entry point criteria: price opening previous day high and first 15 min candle breakout with SL of previous day low with buffer of 0.5% . Hence position sizing is critical to limit portfolio negative impact, if SL hits.
c) With above entry Criteria hits the possibility of vwap breakout and QQE positive side that...
Thomas Cook is showing a flag pattern break-out. It is also at ATH, so a breakout from that will push the price above. The RSI is above 60, and MACD is improving (If you MACD at weekly time frame it is already positive).
Travel industry has again picked up, and we can expect a good QoQ growth in this segment. We can expect a price jump to ~150.
"Clean Chart,...
It has a given a breakout today on the weekly charts above the levels of 90 and if it sustains and closes above it today and then breaks today's high on Monday it can go till the levels of 105-110 on a positional basis with 80 acting as a strong support on daily closing basis below which it will turn weak.
NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT...
Stock Name - Thomas Cook (india) Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 143
#This is not Buy and Sell recommendation to any one. This is for...
#thomascook #swingtrade #momentumtrade #breakouttraade #swingtrading
📌 Thomas Cook : Range Breakout
Swing Trade / Momentum stock
>> Bullish structure along with Volume contraction seen on charts
>> Good strength in stock
>> Wait for Levels to break
Swing traders can lock thier profits at 10% and keep trailling
Please Like or comment if u r Liking the analysis &...
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
📌#BREAKOUTSTOCKS
✅Keep in your watchlist
#THOMASCOOK
- Coming out after a tight Price consolidation
- Supported with Volume
- Above Key EMAs
- Bullish RSI
Thomas cook has a very beautiful chart pattern of huge volumes selling and huge volume buying price action pattern
This is clearly visible on weekly as well as monthly charts
Major Resistance is 104 levels
Analysis is on monthly charts
Small RSI not getting Oversold
Bigger RSI 58
Alligator (Indicator teeth/jaw are open)
ADX is 26+
Big move expected
