Technical Analysis:
The top trendline has been broken, it seems that the a new rally has started and the idea is to go long.
Fundamental Analysis
Lufthansa surged 7.5% as its supervisory board approved a 9 billion euro ($10 billion) government bailout for the airline, driving Frankfurt-listed shares (GDAXI) up 2.6% to its peak since March 5.
The top trendline has been broken, it seems that the a new rally has started and the idea is to go long.
Fundamental Analysis
Lufthansa surged 7.5% as its supervisory board approved a 9 billion euro ($10 billion) government bailout for the airline, driving Frankfurt-listed shares (GDAXI) up 2.6% to its peak since March 5.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.