Let’s have a look at on LHA chart on very long time frame from 1988 until now
What we can see here is a picture of constant extreme volatily
Historically it seems like prices below 18€ were okay entry points while when the price was above 20€ it mostly always was a good time to take profits or go short
Risk-neutral, anti-cyciclal investors with patience ( at least 1 year ) can buy the stock here with a target of 18€
The draw blue line should offer strong multi year support and a stop loss can be set below at around 9€
tl,dr short-term mildly bearish or neutral, mid or long term mildly bullish
What we can see here is a picture of constant extreme volatily
Historically it seems like prices below 18€ were okay entry points while when the price was above 20€ it mostly always was a good time to take profits or go short
Risk-neutral, anti-cyciclal investors with patience ( at least 1 year ) can buy the stock here with a target of 18€
The draw blue line should offer strong multi year support and a stop loss can be set below at around 9€
tl,dr short-term mildly bearish or neutral, mid or long term mildly bullish
Trade active:
Nice bounce of about 6% today ! Unfortunately i did not enter the trade myself haha