The companys fundamentals are still strong. Analysts from Thomson Reuters consensus have revised largely upward their EPS estimates.
Technically, the security is in an uptrend on all time scales and it is supported by moving averages. The bullish trend will not be stopped until prices are above the GBp 293.8 short term support. This trend should allow the stock to reach its GBp 363.66 long term resistance, which will be the main target price.
In consequence, investors can take a long position in TUI Travel with a goal at GBp 363. This level is the long term resistance. A new bullish fluctuation could lead the security toward its highest level in case of a breakout of this resistance. A stop loss will be fixed under the short term support at GBp 293.8.
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