Short term view - LUFTHANSA : The 38% retracement has not been reached yet.
In our previous short term analysis (10/11/2016), we were neutral.We remain neutral.
We are waiting for a better opportunity to turn positive.
Arguments :
- The support has not been reached yet.
- The 38% retracement has not been reached yet.
Deutsche Lufthansa is an aviation group based in Germany. Co. maintains global operations and a total of more than 500 subsidiaries and associated companies. Co. operates in five major business segments: scheduled passenger air traffic ("Passenger Airline Group"); scheduled airfreight services ("Logistics"); maintenance, repair and overhaul ("MRO"); information technology ("IT Services") and catering ("Catering").
DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.
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