IAGWe need prices above 7,75 EUR to confirm the bullish trend.
So, we buy limit if the price hits the resistense 7,75 EUR, and closes above it.
Our target is 8,30 EUR
INR trade ideas
1,2,3 then breakout for International Consolidated AirlinesIAG has broken resistance at 675p
Will it continue to break to the upside?
Time will tell.
IAG Plc building up blue sky pressure?IAG Plc LON:IAG) Last couple of days price has tested short term support and failed ending both days in more of a bullish mode - a possible sign of a build up of pressure to move into blue sky territory? Next upside Fibonacci longer term target in the early 800's. If it fails here, then the gap around the late 580's should be watched closely. EasyJet results out tomorrow and their potential move abroad may have some bearing on the short term.
IAG : D : LSE : SWING TRADING : LONGW TF : Good Up movement expected.
Daily TF : As per chart details..
Stars allign for an IAG SHORT! Fundamentally, Airlines are having a tough ride & it doesn't look like its going to stop anytime soon. The fragmented industry has failed to provide any consistent returns for the last 10 years (EBIT margins have averaged just over 1.2%!!), Full service airlines specifically have been struggling - not only due to the exogenous demand factors then rely on (Eurozone GDP), but also as they have been forced to cut previously revenue generating activities such as offering on board amenities in order to compete on price with low cost carriers.
IAG are currently making a loss on their operations with costs spiralling out of control. Labour disputes have further added to their headache as heavy unionisation prevents them cutting staff! Been looking for a short entry for just over a month, and with the OPEC decision yesterday (Oil accounts for 34% of operating costs!!), aswell as a rejection of the 450 level completing a long term head and shoulders pattern - looking to get short as soon as 420 price is broken to the downside.
Entry - 415
SL - 460
First Target - 360
Second Target - 320
IAGIAG just broke through a triangular pattern and has been staying lately above the 50D moving average. I just opened a long position. SL1 4.50 and SL2 4.43
IAGThis price has been hard beaten by the Brexit result. I believe it needs to complete the 5th wave of the bearish impulse to posible restructure by means of a double bottom. I will keep it in my radar.
IAG International Consolidated Airlines Group Oportunidad de entrada IAG. Buen volumen para entrar en muy largo. Costará superar de nuevo la resistencia de 5.8 en los próximos días, aun hay tiempo de entrar, es viernes.
INTERNATIONAL CONSOLIDATED AIRLINES PLC predictionRECOMMENDATION BUY
TARGET 575
The Major trend of INTERNATIONAL CONSOLIDATED AIRLINES PLC it is showing strength for buying. If it breaks the resistance level then one can initiate the buying position in the stock. If it breaks the level of 569 then it can show upside movement for the target of 575 with the stop loss of 563.
CHART FORMATION:-
Stock is trading in a range and breaking its neckline will lead to upside movement. Stock is trading above the 50 DMA with positive bias.
INDICATORS:-
RSI is trading near to 53.94 level with positive bias, in upcoming session upside movement is expected.
MACD and Signal line is sustaining above the zero level line.
