Lufthansa is underperforming for quite some time already. It seems dip formation can be in play. Possible reverse H&S formation and price going out of downtrend channel. First target can be 6.60s where 200dma and fibo targets sit. Q3 balance sheet results, which is seasonally best for airlines, are on the way.
#LUFTHANSA • DEUTSCHE LUFTHANSA SHARE • BET SHORT TF D1 , TP = 3132 The trend continues, the nearest support level according to my calculations TP 3132
Lufthansa - 30d expiry - We look to Sell a break of 7.088 (stop at 7.422) We are trading at overbought extremes. Bearish divergence is expected to cap gains. The primary trend remains bearish. Price action has posted a Doji candle and signals a possible reversal of the recent trend. A higher correction is expected. A break of the recent low at 7.127 should...
Lufthansa - 30D expiry - We look to Buy at 5.033 (stop at 4.789) Trading close to the psychological 5.000 level. Short term bias is bearish. Support could prove difficult to breakdown. Support is located at 5.000 and should stem dips to this area. Dip buying offers good risk/reward. Our profit targets will be 5.747 and 5.937 Resistance: 6.000 / 6.300 /...
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...
So it has been a while since I said anything about this stock but I am still in this stock and even just added some shares a week ago. When we look at the chart we can see that the price is been going up for a little now. We see that we just hit a resistance zone and that the price was not able yet to break it at this point. The good thing is that there is a...
SHORT ENTRY: 10.72 EUR TARGET: 7.30 EUR (+30%) STOP: 13.09 EUR 1.) The LHA share price got rejected at the current resistance line (12.80 EUR) 2.) I see the actual fair price at the 2021 POC (9.00 EUR) 3.) In response to the airline's poor earnings forecast, there could be another relapse into the resistance zone. (7.00 EUR) 4.) The company has recently been...
Lots of subjects and things to talk about, like climate change, politicians meeting each other in Scotland with no real results and Lufthansa just pronouncing that they are making profits again. Technical analysis: Beginning of march 2021, a downtrend channel started, green is a very strong and solid support. RSI showing a bullish div, even tho we haven't a...
In 2020 airlines around the globe experienced one of the worst years in their history due to pandemic crisis and worldwide restrictions on travel and freedom of movement. This had detrimental impact on airlines around the world. Story is no different for Lufthansa AG. Last year German government bailed out Lufthansa AG with 9 billion euros. Subsequently German...
no words needed :)
Hello,Traders! LHA is a german airline giant in distress due to covid travel restrictions However, the company is still great and it is bouncing from the absolute lows! So the reversal has already begun and there are 3 targets on its way UP! Also, on the fundamental side, it is the too big to fail case Which means the german Government will certainly Bail...
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...
$LHA Lufthansa AG (XETR) 3 Months chart: 4 Hour chart: 1). Limit Buy: 7.678€ or 7.66€ (we prefer 7.678€) 2). Limit Buy: 7.184€ Entry Price: 7.431€ 1). Take Profit: 9.928€ (+33.55%) 2). Take Profit: 12.246€ (+64.49%) Longterm target: 15.964€ - 16.710€ (+114.80%) Stop Limit/Loss: 6.668€ (-10.20%) Risk Reward: 6.36 What do you think? Share your idea and...
FA: After receiving a bailout from the German government, Lufthansa proceeded to rally but was not able to take out resistance and has thus retraced to the lower 8-9 zone Restrictions have been lowered and travel within Europe is now picking up again; with the Business travelers being one of the main customer groups for Lufthansa Budget airlines are set to...
Hi, Strong support 8.000 - 9.000 Technical criteria: 1) Historically worked support level. 1995, 2003, 2009, and 2012. All rejections have been extremely profitable. 2) 2x equal waves from the top AB=CD 3) Fibonacci Extension 162% and 127% 4) Orange minor trendline third touch 5) Channel projection lower trendline worked perfectly Regards, Vaido
From the market top Feb 19th pre-Covid 19 to June 18th 2020.