TUI AG (LSE) - Technical chart only

From a technical aspect TUI looks mixed in the short term with the medium term still positive. MACD is neutral with RSI reading 44.5. Recent government news has caused a 5.8% slide today in the stock, however other airlines have not been effected, this could mean a buying opportunity for TUI. Looking at the levels, major support sits below £3.36 followed by the trend-line floor at £3. If the stock were to fall below this, it could change the entire direction, though this is unlikely unless we get another lockdown and/or hefty travel restrictions. To the upside initial targets/resistance £3.92 followed by £4.45 and then £5.53.