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Doube bottom

Panjang
XETR:LHA   LUFTHANSA AG VNA O.N.
Lufthansa announced record earnings after this year's acquisitions of Air Berlin and Brussels Arlines. Strengthening ties with US companies is also a good sign and efforts to make the company as lean as possible seem to have pleased markets. Technically the surge since Trump's election has been impressive and the recent double bottom points to potential continuation. The company warned of lower future earnings because of increases in the price of Oil.
Penafian

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