#LUFTHANSA • DEUTSCHE LUFTHANSA SHARE • BET
SHORT TF D1 , TP = 3132
The trend continues, the nearest support level according to my calculations TP 3132
We are trading within an old(since January) range. The stock tried to break out twice in March and April but fell back each time. Since April we are back in the original range. We may consider this range being a bulls' pannant so that more tests of the upside are more likely as long as the downside has not been challanged convincingly.
After the Shooting star in the first and the following sharp decline in the second March week one might have expected a deeper correction of the rise since September. However the bulls were able to regain most of the terrain lost almost immediately. The market may have to pause after both bulls and bears are exhausted now. But it seems that there is no will to...
will wait for the trend to respect resistance. then there will be a bearish trend.
Bullish indicator
1- Bearish butterfly formed
2- There is strong resistance at $9.059
The overall view is very neutral altough this stock is in Stage 2. I think we are going to retest the 30 week MA and the breakthrough attempt will fail.
multiyear wyckoff accumulation on LHA stocks. Watching closely.
it will take some time to achive targets, but should not make LL.
Moving averages are done as well (opponent is weekly MA200, but it is laggy).
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 /...
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...
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...
#Lufthansa - last week I presented the trading idea to #LH - idea was that we will close the gap again. With the current takeover of the EMA-21 and the 6.11€, the idea is confirmed.
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...
Dears,
Lufthansa reversal trend is confirmed, support line at 5.6 played the role of support and reversal point, also long term resistance line in yellow was broken, retest successfully as support + Bullish engulfing for this month is to follow up.
Options are cheap at this level.
My target price is at around 9, where the next resistance is placed.
Let know...
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...
Hallo traders and investors,
Lufthansa (LHA) is bouncing from it support around €5.
the upside looks open until €9. but RSI is at 85 in 4H.
Options looks very cheap.
Good luck to all,
Sam
