FRA • Fraport AG (FRA.DE) • XETRA LONG TF M30FRA • Fraport AG (FRA.DE) • XETRA LONG TF M30
The trend continues, the nearest support level according to my calculations TP = 46.01
4FRA trade ideas
FRAPORT: The airport stock?With investing in fraport, it should still be possible to benefit from the end of covid-19. Europe lagging behind, but will also recover soon.
Please be aware, that fraport also owns (or partital) owns a lot of airports. So you not only investing in germany, but several airports around the world.
As an infrastructur (with kind of monopol) and being a real eastate, it should be protected against inflation, since rising airport fees should be easily possible.
Shops may pay higher rents, so outlook is good for Fraport.
I put a buy order in my depot for 55.60€. Hopefully this get triggered in the next week.
Trading Idea - FRAPORT 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.
Good spot for buying Fraport AGI expecting on the next week a bounce at "gap close" by 34.84€ and this is in our monthly buy range . Maybe we hold this and made a new lower high. RSI level on monthly is clearly oversold like 2009.
Monthly-Chart:
My buy orders are between 34.84€ and 34.46€(turquoise lines).
Take profit target is between 37.40€ and 38.68€ (+8%-10%).
Stop loss: 33.44€ (-3.50%)
Longterm target: 47.54€ (+37.14%)
REMOVE YOUR BIAS!
Trade simple, made money and be happy!
Thanks,
Disziplinierter_Trader
FRA(Xetr): FRAPORT Long opportunityAn intraday high potential, Back Tested Long Analysis.
We ll try to enter into the correction of the downtrend movement tracking trend oscillators as below:
1) TRIPLE BOTTOM DIVERGED TO CCI & ROC OSCILLATOR FOR LONG MOVEMENT.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
