Short term view - LUFTHANSA : The major resistance has been breached.
In our previous short term analysis (19/10/2016), we were positive.We remain positive with a target at 12,1 € and an invalidation level at 11,05 €.
The bearish trend is in the course of being reversed.
Arguments :
- The major resistance has been breached.
- Prices are...
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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