TUI AG, also known as TUI Group, is an Anglo-German multinational travel and tourism company and tour operator headquartered in Hannover, Germany. It is the world’s largest leisure, travel and tourism company, and it owns travel agencies, hotels, airlines, cruise ships and retail stores.
TUI AG is already in a clear downtrend providing us with short opportunities at a monthly imbalance of around 12 per share. As expected price sold off strongly from that imbalance and ended up creating another huge imbalance of around 11.39 per share.
We do not need to pay attention to fundamental stock analysis when trading supply and demand imbalances. Of course, we can read about the company’s profile and even the big news, but that should not prevent you from taking a valid trade using a supply and demand imbalance stock strategy.
HSBC has downgraded its investment rating on TUI AG. Does that mean anything? Well, not really if we are supply and demand traders. We already know that the monthly timeframe has a bearish bias, and new supply imbalances are being created. We should not care what HSBC or other analysts say about TUI Ag stock. It will not change the fact that we have new strong imbalances. See TUI AG stock monthly timeframe forecast below.
You can learn more about TUI AG stock company and its fundamentals; fundamental data analysis should not cloud your mind and prevent you from placing a trade at a strong imbalance.
Tui AG is the world’s largest tour operator, and it has received approval for a €1.8bn loan to help it survive an almost total shutdown of its operations, including its airline, hotels and cruise ships, as a result of the coronavirus.
Tui’s shares have fallen a huge percentage year as governments have closed borders and shut down hotels to stop coronavirus spreading. But TUI’s strong sell-off was not a surprise if we look at TUI AG stock chart wearing supply and demand glasses. Tui is a very healthy company; the company was economically successful before the crisis and will be again after the crisis, like many other tour operators in the industry.
This is the kind of price action technical analysis you will learn in our trading community. You will learn how to locate new supply and demand imbalances and trade without using any indicators, no news, no fundamental analysis, no earnings announcements, no volume or VSA analysis. Just supply and demand imbalances.
Trading supply and demand imbalances on TUI AG stock is ideal for beginners and those with full or half-time jobs. You won’t need to stay in front of the computer all day long trying to move price action with your mind.
As supply and demand traders, we do not need to pay attention to TUI AG stock news, fundamentals or any earnings reports. Once a big timeframe imbalance has gained control, earnings do just the opposite and react strongly to those imbalances. Why do you see positive earnings, then the underlying stock drops like a rock, or a negative earnings announcement and the stock rallies like a rocket out of control? You are probably missing the fact that there are big imbalances in gaining control.
You should not worry about fundamentals or earnings announcements unless you are doing very short-term trading and scalping.
You can use these imbalances to plan your trades in lower timeframes. Trading is just waiting for the right trigger points and scenarios to present themselves, this game has got a name and it’s called the waiting game. We need to patiently wait for the correct scenarios and setups to happen and wait for the price to pull back or dip into the price levels we want to trade, in our case these price levels are made of supply and demand imbalances.
Join our supply and demand trading course if you want to learn how to trade using our supply and demand trading strategy.