Travel + Leisure Co

Despite extreme oversold conditions and supportive valuation metrics, TNL's medium-term structure remains bearish with active support failure and lower highs/lows patterns. We defer selling into current weakness and instead seek relief rallies into the declining 9/20 EMA zone for rejection, aligning with a structured trimming posture.

• ↑Q2 revenue rose 4% YoY to $1.06 B and EBITDA gained 8% to $269 M.
• ↑EPS jumped 21% YoY after reducing shares outstanding by 4%.
• ↓Vacation demand may fall if consumer sentiment weakens amid downturn.