Low and high point consolidation happening to have less swings of the share price. So their is balance move to a holders and buyers period, as the majority of major sellers is done.
Good news too, the airport's and holidays are jam packed, and looks like set to continue well in September, followed by an uplift in out if season travel by older demographic, followed by another high increase in winter travel for both snow vacations (ski), and festive season travel with large volumes of people wanting to visit a relative or friend as it's been a long time since 2019 when most freely travelled.
The JP Morgan increase in position by over double at a higher price point is good, and there has been no RNS yet of any major significant selling which indicates alot of people / organisations are still holding on to large volumes of shares at a much higher price point.
RE: BIG MOMMA GONNA POUNCE & BOUNCE the TUI UP26 May 2022 10:41
Looking through the sell data, there appears to be no big sellers, however lots of big buyers. This would indicate that the funds are shaking the tree and getting weak hands to sell so they (funds) can sell to bigger institutional holders.
As such, once there is no weak hands and autosellers left this will naturally bounce back to where the fair market value is.
Monkey pox was media hype and being dealt with. Travel industry is booming. And families want to go with TUI for easy of holiday management in the face of a post 2020/21 world.
RE: BIG MOMMA GONNA POUNCE & BOUNCE the TUI UP26 May 2022 10:13
Every morning the funds are dropping the price to shake the tree and clear house, then massive buys in the afternoon. With this churn rate happening she ukd be a couple of days and then the platform will settle back at the 200's.
The sheer manipulation is hilarious. However so clearly beyond the worst times that affected this share that getting in now just after the negative market down turn is good.
Yeah looking good, the JP Morgan large buy is a strong sign of the expectations of this share. Travel is back on and there is a couple of years worth of run rate holiday travel that people are going to be looking forward to starting.
There will be a rush to get in before the 200 zone, considering they are past the based times, and ready for a massive spend, also with holiday bookings for senior citizens and out if season travel up. Looks like TUI share can easily jump up.
RE: BIG MOMMA GONNA POUNCE & BOUNCE the TUI UP25 May 2022 10:15
Everyone I know in a personal or professional capacity are making sure to book holidays this year, looks like TUI are getting a massive surge of money into their pockets.
We all know how rough 2020 and 2021 was to TUI yet the company is still operating and if anything in a better position as they have less rivals, so more customers are coming their way.
The over 50's market have been stuck indoors for tow years and have lots of money and retirement funds they want to spend to enjoy the later part of their lives so holidays outside if the traditional summer period are also getting fully booked.
This tree shake is now a bit much based on minimal sell volumes. Any good buys and this jumps up fast. Soon a big holder will want to average down and consolidate their position which can easily send this back to 200's
RE: BIG MOMMA GONNA POUNCE & BOUNCE the TUI UP25 May 2022 09:12
There wasn't really any sell volume yesterday, and will the price so long now I couldn't see any decent sell volume as would be at lose. The negative market reaction is well overdone, the funds are using this as a tree shake and to clean up. Like yesterday after close, and good volume buys and this jumps back to a more natura price position.