TUI - 1 year HEAD & SHOULDERS══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
TUI1 trade ideas
Russian Link to Haunt TUI!!?The Russian link is still weighing down on this stock. I have decided to short it on the backdrop of not only that fundamental news but rather the loss of momentum we saw from last week on approach of crucial resistance. Stop orders.
Tui continued short.Tui failed to continue its head and shoulders pattern due to a surprise share offering! thanks for that tui. this clearly shows they are still struggling which is obvious but this means continued downside for tui is expected especially over the winter. we might get a decent earings out around september next year which will boost share price.
from here now considering the offering allowed shareholders to buy at 182 there will be selling upon issue of these shares lowering share price to bottom support line in my opinion around 180/140. i consider this a buy area and can see the failing wedge pattern play out next year so lower your average down and buy anything under 150 if you get the chance.
i see travelling becoming hot in late 2022 and in 2023 and this will be the beginning of a trend. during this time no doubt the stock market will flop which will allow people to get a good temporary deal on tui and people decide to spend some profits on holidays. the rotation is coming and tui are the leader and basically only major holiday maker left in UK
Tui BuyTui looks like it could be playing out an inverse head and shoulders pattern ready to regain the 200 SMA and start trading higher again
TuiOne of my favourites recently. been following its trend lines for while however with the market FUDDING over inflation fears which is justified, its only a matter of time before uk markets get hit with the same downtrend. Travel is still not clear so right now i could see if coming back down to next level of support before some good news. overall im long on tui, they hold the market in the UK for package holidays and have done well to raise cash during covid.
$TUI MASSIVE SHORT POTENTIAL?! Or Reversal?Looks like we`re at the Top of the Uptrend, could be massive Short Potential.
If its breaks the big Downtrend channel it´s bullish.
The News about Covid-19 and the tourism branch will decide if were going up or down
TUI share price. is it a buy?With the travel industry quite franky on its arse, but the egarly anticipated holidays everyone's waiting to go on, TUI with record booking numbers surely its poised for a break out?
GapsThere is a large gap between 302 - 334 that has not been filled yet. Any chartists have anything to add to this. 9 out of 10 gaps are always filled so can we see this go to 302? first before going up?. Learning process and I can be completely wrong. any thoughts or advice. Kind regards.
TUI - My setup for TUI - Possible buy at these levels.With the Announcements made in the past week , it is hard to see when and how will optimism in the travel industry return.
This post comes in suggestion from a friend of mine who said "have you seen the pricing on TUI and Lufthansa."
There is no point in being in a stock that wont give EPS growth. There is much devaluation in this sector, but I believe This range is definitely the bottom.
I will be adding this stock to my portfolio as I believe the travel industry will see a push upwards in the coming months, maybe it wont have the same momentum as before because of caution. But I still believe this stock and Airlines need to be considered as a speculative play. Its not your Virgin Galactic kind of stock but picking the right ones like this one could give you a nice ROI in the near future. After all the business has great diversification. It just needs a bit more clarity to start earning money at a faster rate than possible debts grow.
Overall the Travel Industry wont go away , maybe perhaps we would need to incorporate travel differently because of the virus threat and other virus threats in the future. I believe the industry is on its knees and begs for corporate guidance and Government rescue plans to continue. Shareholders will of course return with time when uncertainty has gone away. These companies know what they are doing in the end.
Thanks for reading ! This is not financial advice, please consider your own DD and RM.
TUI Take a look potential BUY?TUI currently retracing back to the 200MA
Clear divergence on the MACD
RSI down at 26 ish
Provided the 200MA offers support and is not broken a potential buy, me thinks....only if it holds...
Looking at a buy around 200MA - 875 ish, Stop at 840 and take profit at 975.
