IAG - LSE - RC
Added 2023-07-16 06:11:26 +0000 UTCThis is a company I know very well....because I work for them and had been invested in them quite heavily during Covid.
When the share price was at 90p in 2020, I aggressively bought as it became largely undervalued, the issue IAG had was the debt that they took on during Covid, so I sold at around 172p and have not been back in since.
I would be interested here above the blue line at 173p, as I believe the risk would be reduced and I am first hand seeing how busy our flights are, the demand for air travel is like nothing I have seen before, another reason why I bought $DAL in April and May.
Comments
Great thanks for this, that 154p like looks pretty solid support. Multiple bounces which I imagine earnings will dictate its next move 👍
Jack
2023-07-16 21:22:08 +0000 UTCConsolidating channel now between the parallel blue lines, as long as it stays above the yellow 200 Day MA, I believe it is in a positive uptrend
Gareth Neary
2023-07-16 19:23:36 +0000 UTCThanks gar, my thoughts also with how busy it is. On holiday a few weeks back you’d think we weren’t in a cost of living crisis. Is the bear case channel where it’s sat currently?
Jack
2023-07-16 19:18:46 +0000 UTC
