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Post-holiday blues for TUI

TUI's share price is poised to dip after a tremendously strong run
March 26, 2013

After an epic upwards voyage, which has seen its price double in nine months, TUI may be nearing journey's end, says Ragu Dharmaratnam of Baselica.

It broke above its previous all-time high at 305p last month, but the price action since then and the relative strength index's behaviour point at least to a temporary top. Go short on a breach of the black uptrend line around 300p, targeting 260p.