LUFTHANSA AG VNA O.N.
Long
Updated

LHA Long Idea

135
Logic: close > 50D EMA & bounce off lows, positive news developments.
Entry: €9.00 area
Stop: €7.70
Risk: -14.44%
Target: initially: €10.70, longer term: €13.30
Gain: +18.89%, longer term: +47.78%
Note: long term trade idea.
Note
Note: tide possibly turned for LHA. Ideal entry point remains at €9.00 level if we see a pullback.
Note
€12.70 (200D EMA) & €13.30 targets now very realistic as positive sentiment around "opening up" theme strengthens.

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