TUI with good outlook but maybe sidewards now
TU has a good trend, but must now compete with the long-term down trend since 2019.
This struggle may end with a positiv break out, but usually this resistance will not won in a short term. So a sidewards move with several breakout attempts should be seen in the next 1-2 month, then a break out is possible, espacially if corona ends and more vacation travels beginn.
This struggle may end with a positiv break out, but usually this resistance will not won in a short term. So a sidewards move with several breakout attempts should be seen in the next 1-2 month, then a break out is possible, espacially if corona ends and more vacation travels beginn.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.