IAG (owner of British Airways)
A trading opportunity for you?
Will IAG break 6 week support, or will it rise again back to Mid July highs 471p (+7.6%) ?
- Trading 6 week lows at 2019 lows on the stock
- Trading at 438p (At time of writing)
- Trading statement update this Friday (2nd Aug), will it be a catalyst for the next move?
- Will the pattern repeat itself, bouncing up again towards 471p (+7.6%)?
- Shares -34.3% from 2019 highs; at 2019 lows; -29.1% year-to-date.
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal