LHA (Lufthansa) - German Airline leaving cruising altitude?

29 Ağu 2017

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.