TUI
A trading opportunity for you?
Will TUI break support, or will it rise again back to 874p highs (+16%)?
- Shares fell 21% before bouncing 11% from lows;
- Now trading 750p (at time of writing).
- Higher lows, back to range highs?
- Will the pattern repeat? Will the shares bounce back to 874p (+16%)?
- Shares -39.1% from 2019 highs; +9.2% from 2019 lows; -33.4% year-to-date.
- 15 May: TUI backs full year profits expectations; summer bookings positive
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading TUI – An Example
Let’s say you like the TUI chart and you think the price is heading back towards 874p again. You decide to buy exposure to £10,000 worth of TUI using a CFD, at the current price of 750p. To do this, you need £2,000.
Let’s assume TUI recovers back to 874p highs (+13%). Your profit would be £1300, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 4% from the current price. TUI falls 4% and hits your stop-loss. Your loss would be £400.
This is provided for information purposes only. It should not be taken as a recommendation.