Traderherz-Analytics

Trading Idea - FRAPORT

Long
XETR:FRA   FRAPORT AG
BUY

Target: 59.00 EUR (ca. 10%)
Stop Loss: 52.40 EUR

1.) 23.02.2021: 30M chart: breakthrough at 48.00 EUR, important level!

2.) 24.03.2021: 30M chart: rejection at 48.00 EUR, support level confirmed!

3.) intact upward trend!

4.) The actions introduced by the airport operator opened up further potential, wrote analyst William Fitzalan Howard in a study published on Thursday. The cost reductions are not yet sufficiently appreciated by investors.
Trade closed: stop reached:
trend continuation declined

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