Dears,
Lufthansa reversal trend is confirmed, support line at 5.6 played the role of support and reversal point, also long term resistance line in yellow was broken, retest successfully as support + Bullish engulfing for this month is to follow up.
Options are cheap at this level.
My target price is at around 9, where the next resistance is placed.
Let know your thourghts in the comment section.
Sam.
Disclaimer,
Not a financial advice, this is for personal use only. Publication is to share personal analysis and opportunities, please trade at your own risk.
Thank you,
Sam.
Lufthansa reversal trend is confirmed, support line at 5.6 played the role of support and reversal point, also long term resistance line in yellow was broken, retest successfully as support + Bullish engulfing for this month is to follow up.
Options are cheap at this level.
My target price is at around 9, where the next resistance is placed.
Let know your thourghts in the comment section.
Sam.
Disclaimer,
Not a financial advice, this is for personal use only. Publication is to share personal analysis and opportunities, please trade at your own risk.
Thank you,
Sam.