@wizardsofcrypto think that $LHA is ready for that next runBottom was around 20 points, doubled it and confirmed the outbreak
DLAKY trade ideas
@wizardsofcrypto #LHA updatebottomed out around 20
expecting to get another chance for a long under 21 because indicators of shorter timeframes show signs of slight correction
try to get anything between 19-20.5
safe trading
Lufthansa may begin its 5th wave upCHXEUR:LHAD
Lufthansa touched today a significant Fibonacci level, the 0,382 of the previous 3rd wave. The time length of the correction is also eligible, so everything is given to begin its 5th wave. I should also mention, that the next (0,5) Fibonacci level is under the top of the 1st wave, so if it reached then the wave counting would prove incorrect because wave 4 would overlap wave 1 that is not allowed according to EW theory. The uptrend will be strengthened if the price crosses the red trend line upward. Price target is above the previous top, 31,12€.
Doube bottomLufthansa announced record earnings after this year's acquisitions of Air Berlin and Brussels Arlines. Strengthening ties with US companies is also a good sign and efforts to make the company as lean as possible seem to have pleased markets. Technically the surge since Trump's election has been impressive and the recent double bottom points to potential continuation. The company warned of lower future earnings because of increases in the price of Oil.
Consider buying DLAKY Good opportunity here to see price movement. Lufthansa has dropped by -5.61% since the last trading day.
The average target price for this stock calculated by the analysts is €31.10 (provided that market is in bull mode).
Deutsche Lufthansa has a trailing twelve months PE ratio of 8.5 and P/CF is 4.5 (which is better than the industrial sector average)
Deutsche Lufthansa is an inspired choice for value investor!
I don't assess much risk of plummeting, but markets are not reasonable now. So be cautious when bears again dominate the market.
Price might fall down to 20EUR in the worst case (20% loss)
*Investments can go up as well as down and involve the risk of loss."
Lufthansa AG #LHA Stock supply and demand long term analysisLufthansa AG #LHA Stock supply and demand long term analysis. Very strong monthly demand zone around 20 price area for long term buy setups. This will take some time to happen. New weekly demand zones being created higher for a shorter term position. After such a strong rally in price a bigger retracement is expected
near future of the Lufthansa shareI just did a quick technical analysis to try out how it works. I think the chart speaks for itself (because of the remark). I am thankful for any comment or criticism. Best regards Gregor
LHA, RWE, UN01 all positions closed out for nice profit.Opening prices: LHA@12,33$ RWE@12,50$ UN01@13$
Closed all positions at 22,80$, 20,25$ and 23,17$ respectively.
Here i figured i would just let loose for now and liquidate these positions. For the moment they all seem topped out and with elections coming up in Germany i figured: Take the money and run!
Will be doing some further charting on these in the future to determine some new entry levels.
The next Breakout-Candidate?Breakout Through 21,2 should initiate a dynamic upwave. First tp could be the top at 22.65
Longterm Chart:
LHA (Lufthansa) - German Airline leaving cruising altitude?Lufthansa is the biggest German Airline and best performing stock in the DAX. At the moment the story is the takeover of bankrupt Air Berlin. In my opinion there is a lot of early praise in the stock, so it might have reched or be close to it´s peak. Also, from a technical side, there is a big resistance in front of the door. So LHA is still in an uptrend, but might be a good short after a break of the two support levels, shown green in the chart.
LUFTHANSA AG bearish pattern and yearly resistanceLufthansa has reached an important fib (red 61.80%) last week and a yearly pivot resistance (R1).
RSI overbought.
Not to forget the bearish pattern.
Long Lufthansa - Stop corto en 14,90.Long Lufthansa - Stop corto en 14,90. Supero 4 resistencias fuertes cercanas al nivel de 15.
LHAD @ daily @ BreakedDown mostly (30 dax shares) last weekThis is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
.zip (with PDF`s) @ my Google Drive
Break Downs (Dax Index incl. all shares)
drive.google.com
Best regards :)
Aaron
LHAD @ daily @ closed lower while last 6 trading days dailyThis is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
.zip (with PDF`s) @ my Google Drive
Break Downs (Dax Index incl. all shares)
drive.google.com
Best regards :)
Aaron
Lufthansa At Reasonable Lows, It Looks Like A BuyLufthansa looks like a technical buy. It isn't a bad time for airlines, with cheaper fuel costs and holidays on the horizon.
LHAD LUFTHANSA ANALYSISLHAD LUFTHANSA ANALYSIS
It seems a wave Y correction is currently in progress and once completed, we may see a reversal and possibly break the down trend to go LONG with the start of an impulse wave 1 ???
This one will be good to watch, it might give us a huge impulse LONG if it breaks the trend ???
MACD also shows huge divergence.
