bullish breakout after faling wedge, or pennant (yellow) could form a bearish breakout chanel ( r e d ).the rainbow shows what a braekout coould look like.
remember: only buy when the bulls take over...
if you look at the alltime trend line of facebook you´ll see it allready recovered twice after a big bull run so watch out if you buy for position trading, maybe if you swing- or daytrade you will catch an other bull but rememter the bear is looking for a meal from behind the corner.
depending on the outcome of this week, we´ll see if its a rising wedge(bear) or pennant( bull). ether way its a good buy today, Tui is a strong company with gouverment support for its fight against the corona virus. i believe it could recover to above its pre corona price.
sorry for my blurry english, i was allways sleeping at school ;D