THOMAS COOK
- Stock moving in up channel formation, bulls will be favored as long as trades in between. (shown in chart no1).
- Thomas cook also moving up from 50% fibonacci retracement support, will favor bulls as long as trades above. On upper side stock will find resistance @ 162 its previous top, once closes and stays above 162 then looks bulls for next few trading days.
- Intraday close watch once stock starts trading above 162 during trading hours, If holds above 162 then intraday bulls action is expecting.
- As per stock analysis chart no3, if Thomas cook moves up from current levels, then will find resistance around 171 its 161.8% fibonacci retracement.