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LUFTHANSA and its capital increase

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Lufthansa will increase its capital by 2.14 billion euros in order to pay back part of the state bailout it received during the coronavirus crisis.

Pro1 PREMIUM Portfolio

Resistances: €6.30, €6.60, €7.40, €8.

Supports: €5.70, €5.50, €5.

Targets: (Bullish) €6.60, €7, €7.40, €8, €8.20, €9.25, €10.

Trend structure in LUFTHANSA:

  • Short term: Neutral-bearish.
  • Medium term: Bearish.
  • Long term: Neutral-bearish.

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