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