Short Volatility Alert: Deutsche Lufthansa
Portfolio Pulse from Christopher Sappo
Deutsche Lufthansa (OTC:DLAKY) experienced volatile short activity on Friday, causing the stock price to rise by 1.33% to $9.93. The overall sentiment for DLAKY is bullish, but the signal from the volatility alert is trending bearish, leading to a recommendation to increase short exposure.
June 05, 2023 | 1:38 pm
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Volatile short activity in Deutsche Lufthansa (OTC:DLAKY) led to a 1.33% increase in stock price to $9.93. Despite bullish sentiment, the bearish volatility alert suggests increasing short exposure.
The volatile short activity in DLAKY caused the stock price to rise by 1.33%. The overall sentiment for the stock is bullish, but the bearish signal from the volatility alert indicates that there may be a potential downside in the short term. This suggests that increasing short exposure could be a suitable strategy for investors looking to capitalize on the bearish volatility alert.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100