Long Glencore and Thomas Cook

I went long on Glendora and Thomas Cook yesterday morning.


Thomas Cook (TCG):

• This is a volatility funnel trade (very similar to a symmetrical triangle formation really) on the daily chart beginning at the high on April 10th.

• I am looking to exit between 165p and 170p here and I'll begin to rethink/.reanalyse the position at the 150p level and exit at 145p.

Glencore (GLEN):

• This is simply a medium term upwards trend follow.

• I'm looking to exit between the 325p and 330p level. I will begin to reconsider/reanalyse this trade at 195 and probably exit at a break of the 190p level.

Enjoy,

The Masked Stock Trader