Short term view - TUI : Support reintegrated
The trend is still bullish, though slower. The invalidation level is below €12.000.The target is at €14.900.Arguments :
- The support has been shortly breached, but it is now reinstated. Prices can bounce.
- The 50% retracement has been reached.
- The moving average is...
TUI is engaged in the tourism business, operating in some 180 countries. Co.'s segments include Hotels & Resorts, Cruises and Other Tourism. The Hotels & Resorts segment comprises all Group-owned hotels and hotel companies in TUI Group. The segment comprises majority participations in hotels, joint ventures with local partners, stakes in companies. The Cruises segment consists of Hapag-Lloyd Cruises and the joint venture TUI Cruises. Other Tourism segment comprises central functions such as destination services, IT, aviation control and the French airline Corsair.
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