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Lufthansa

Market Opportunities - 22/09/2021

22 September, 2021

The example below uses Contracts For Difference (CFDs). Calculations are only on the price of the specific instrument on the date below and calculations indicate a possible opportunity for profit or loss. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

Lufthansa (#LHA.DE) weekly uptrend opportunity based On 1.00 Lot Calculation:

Deutsche Lufthansa AG, (Lufthansa), is the largest German airline which, when combined with its subsidiaries, is the second-largest airline in Europe in terms of passengers carried.

  • EVENT: The company will raise 2.14 billion euros by offering new shares to its stakeholders. The new shares are expected to be offered to shareholders from Sept. 22 to Oct. 5 The company will issue 597.7 million new shares at 3.58 euros each and at a subscription ratio of 1:1. On September the 22nd, Lufthansa shares fell 29%.
  • White House said on Monday, the United States will reopen in November to air travelers from 33 countries including China, India, Brazil and most of Europe who are fully vaccinated against COVID-19. The travel industry welcomed the upcoming changes with an intense stock rise in the airliners sector as the move is likely to boost air passenger travel.

EasyJet and IAG capital raise

  • On September 9 EasyJet started launching a £1.2bn capital raise in order to complete a recovery from the pandemic. Subscription ratio was 1.5:1. Following the move the share price fell 23%. Since then the price has recovered 19%.
  • IAG launched a heavily discounted rights issue on September 9, 2020 to raise 2.74 billion euros ($3.2 billion). The price fell 53% and during the following 7 days the price recovered 94% of its previous loss.

Date

Percentage change

% recovered in 7 days

EasyJet

9-Sep-21

-23%

19%

IAG

9-Sep-20

-53%

94%

Lufthansa

22-Sep-21

-29%

/

Source: Yahoo Finance

Lufthansa, September 22, 2021
Current Price: 6.11

Lufthansa

Weekly

Trend direction

UP

Resistance 3

8.50

Resistance 2

7.90

Resistance 1

7.41

Support 1

4.90

Support 2

4.40

Support 3

3.90

Example of calculation based on weekly trend direction for 1.00 Lot*

Lufthansa

Pivot Points

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

Profit or loss in $

28,125.04

21,064.36

15,298.14

-14,239.04

-20,122.94

-26,006.84

Profit or loss in €*

23,900.00

17,900.00

13,000.00

-12,100.00

-17,100.00

-22,100.00

Profit or loss in £**

20,340.08

15,233.78

11,063.64

-10,297.70

-14,552.94

-18,808.19

Profit or loss in C$**

35,522.49

26,604.71

19,321.86

-17,984.19

-25,415.67

-32,847.16

* 1.00 lot is equivalent of 10000 units
** Calculations for exchange rate used as of 14:10 (GMT+1) 22/09/2021
Fortrade recommends the use of Stop-Loss and Take-Profit, please speak to your Client Manager regarding their use.
*** You may wish to consider closing your position in profit, even if it is lower than suggested one
**** Trailing stop technique can protect the profit – Ask your Client Manager for more detail

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  • CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.