First of all, I don't think that we have seen the low in this stock, but I expect this company won't be bankrupt. So I'm waiting for a good buying chance. I won't get all-in in the falling knives, I am not a bottom finder speculator so I will buy 2 or 3 situations to create a good average price in addition that, I will diversify in lots of stocks by building up a portfolio.
The German transportation company is getting interesting.
Somewhere the two support zone(Historical lows) could hold up the Lufthansa, and from these levels, there is a possibility to triple or double itself.
After finding the low I expect to break upward the falling trend channel and the I try to buy. It would be good strengthen signs if there will be a MACD or an RSI divergence beside that the average volume falling.
Now I am waiting patiently.
The German transportation company is getting interesting.
Somewhere the two support zone(Historical lows) could hold up the Lufthansa, and from these levels, there is a possibility to triple or double itself.
After finding the low I expect to break upward the falling trend channel and the I try to buy. It would be good strengthen signs if there will be a MACD or an RSI divergence beside that the average volume falling.
Now I am waiting patiently.