Technical Analysis:
The top trendline has been broken, it seems that the a new rally has started and the idea is to go long.
Fundamental Analysis
Lufthansa surged 7.5% as its supervisory board approved a 9 billion euro ($10 billion) government bailout for the airline, driving Frankfurt-listed shares (GDAXI) up 2.6% to its peak since March 5.
The top trendline has been broken, it seems that the a new rally has started and the idea is to go long.
Fundamental Analysis
Lufthansa surged 7.5% as its supervisory board approved a 9 billion euro ($10 billion) government bailout for the airline, driving Frankfurt-listed shares (GDAXI) up 2.6% to its peak since March 5.