IAG - LSE -
Added 2024-05-14 16:30:45 +0000 UTCIAG is a company I know very well, as I work for them.
I see firsthand how busy their flights are and their intentions to continue growing.
All the airlines in the airline group are fighting each other to get allocated more aircraft to help with their own expansion, not a bad situation to be in for an airline group.
IAG had their Q1 earnings out on Friday and it was a positive beat and the price has now broken cleanly above its wedge now and above its 50 and 200 Day MA now too
If there is a retest of the wedge breakout or 50 Day MA, it would be a buy signal.
I bought a lot of IAG in 2020 when the airline effectively shut down and the price hit 98p, I put every cent I had into them and sold at 178p for a tidy profit.
I haven't been back in since, I went with $DAL instead.
Comments
Nice hands π
Gareth Neary
2024-05-14 16:43:22 +0000 UTCBought in 2020 and not sold yet. 7k profit already and looking to sell this june.
Samu
2024-05-14 16:41:04 +0000 UTC
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