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Home / Support and Resistance / IAG (owner of British Airways)

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

IAG (owner of British Airways)

A trading opportunity for you?

Will IAG break support, or will it rise again back to 566p ?

  • Rising support since early April; breakout beyond falling highs
  • Bounced 3 times, most recently from 528p. Now trading 540p (at time of writing)
  • Will the pattern repeat itself, bouncing up again towards 566p?
  • Shares -18.8% from 2019 highs; +8.6% from 2019 lows; -12.3% year-to-date.
  • 29 Apr: Airlines bounce after oil price pullback
  • Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading IAG – An Example

Let’s say you like the range, you think it’s heading back towards 566p again. You decide to buy exposure to £10,000 worth of IAG using a CFD, at the current price of 540p. To do this, you need £2,000.

Let’s assume IAG recovers back to 566p (+4.8%). Your profit would be £480, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss 2% from the current price. IAG falls 2% and hits your stop-loss. Your loss would be £200.

This is provided for information purposes only. It should not be taken as a recommendation.

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.

Prepared by Michael van Dulken, Head of Research
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