TUI share: Chances of new buy signals – chart analysis

For the TUI share, slight price gains are emerging this morning. Current indications on Wednesday for the travel title are quoted at EUR 4.628 / EUR 4.691, after the TUI share price already recorded a positive daily trend yesterday at EUR 4.62 and a price gain of 1.99 percent. In terms of chart technology, the stock is approaching interesting resistance levels after the recent price slide from 6.47 euros to only Monday, reaching 4.018 euros. After the downward movement, a complete trend reversal scenario beckons for the short-term time window in the event of a break.

To do this, however, the TUI share would have to overcome various hurdles around the 200-day line at currently 4.908 euros. The zone stretches between EUR 4.80, the daily high from last Thursday, to EUR 4.850 / 4.918, a small, recently opened and not yet closed downward gap. A jump above this could bring upward momentum to the TUI share.

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