#LUFTHANSA • DEUTSCHE LUFTHANSA SHARE • BET
SHORT TF D1 , TP = 3132
The trend continues, the nearest support level according to my calculations TP 3132
Since the covid restriction has faded away while the summer season vacation frenzy is heating up most airlines have gained great bullish volume within their trading ranges.
DLAKY is now at a great Load-zone and in case the Major resistance labeled as "R1" is violated with great volume this can be the start of a swing to the following targets.
In case the R1...
Lufthansa
Short Term - We look to Sell a break of 6.70 (stop at 6.95)
Posted a Double Top formation. We expect an initial move higher to fail and look to set shorts on a break back through 6.80. Further downside is expected and we prefer to set shorts in early trade. The bias is still for lower levels and we look for any gains to be limited.
Our profit...
That Lufthansa should have been sent into insolvency would probably have been the best option to restructure the company.
Existing shareholders, above all Heinz Hermann Thiele, would have lost their money (capital market risk) and the entire bondholders would have had to convert their bonds into new shares (debt-to-equity).
Lufthansa would be a debt-free company...
Monthly Trendline lost... Furthermore, the daily chart has hit the lost trendline zone as resistance and was heavily rejected.
Corona heavily hitting Lufthansa... Good luck with that chart...
Happy Trading!
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
.zip (with PDF`s) @ my Google Drive
Break Downs (Dax Index incl. all shares)
drive.google.com
Best regards :)
Aaron
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
.zip (with PDF`s) @ my Google Drive
Break Downs (Dax Index incl. all shares)
drive.google.com
Best regards :)
Aaron
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
.zip (with PDF`s) @ my Google Drive
Performance in percent since Trump election (Dax Index incl. all shares)
drive.google.com
Best regards :)
Aaron
