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It doesn't look like the 140p Gap will be getting closed so much for the charts
Thanks Sunds... I am just a novice and have messed up big style day trading this with the whole lot last few weeks and missed out on rises to 165 and then went in at 163 for the fall ... that's what you call a gambling stock market novice
Viren, i would not worry at all...this will go up...just wait, ride the wave...once they are done with the drop, this will go up..all the big fish are doing is getting rid of weak investors before sending the stock market up.. The best thing is to ignore it and wait...maybe top up if you can. At the end of the day, when IAG becomes profitable again (2022) the numbers will translate into higher share prices, simples..patience is required in anything in life. Relax, everyone. End of pandemic is one day closer now.
GLA.
Oh dear ... hope we are not heading for the infamous gap fill .... as said before, I really didn't what to do in fear of missing out on a sudden upstick and an onwards / upwards march as each 1p fluctuation is very costly/ profitable with my holding in IAG ... what to do hey? Currently on a break even of 186. :-(
I really need another hobby, this is too costly currently and not good for the nerves.
AA gained >6% since 4:30 GMT.
FTSE Futures >0.7%
All in all I expect IAG to regain todays losses and then some
American Airlines and DOW now both turned positive.
It does look like a much delayed nato response is kicking off a positive market reaction. US committing boots on the ground (standby) so door closing on Putin. He might actually be relieved. Frankly up to today the door was kinda wide open. He put an invasion force in place as a bluff and found confused opposition. He had no climb down. Watch out for a deal, some Russian ethnic towns to be put under Russian control.
As I said, there is a close correlation and a 4% rise in IAG would mean a similar fall as AA has seen.
-6.5%+4%=-2.5%
Thanks for that LloydsActuary - I may sleep a little better now. Interesting to see that rebound by AA/UA, and also by the Dow - let's hope we cop for some of that tomorrow: the last few days have been brutal.
There a close correlation between American Airlines and IAG and AA rose by >4% from 12:45m US time which is just after the close of the FTSE so fingers crossed
Geng
With the news out today from the government your missed the boat for inviting in IAG or any drops to 140 the lines on the chart look more like back to 200
Mr Geng, so do you think that 140's gap will still be filled soon or will it rocket past 170 as everyone else on here thinks ?
Gap on its way to being filled :-( :-(
Heavily invested here ( 50K shares ) but staying in as sudden upturns takes you out of the frantic rises that can happen and hard to predict when.
Good Prediction Mr Geng ... Hats off to you Sir
Would imagine the sentiment changed at December lows and the support line will do just that. Broker forecasts suggest 20-30% upside coming. I suspect the SP will go sideways till February 25th then hopefully upwards of 200 around summer.
Geng, whatever!! It may close it in 2050!!LOL.
If it doesn't close it in the next few days, then in order to do so will drop out of the short term channel.
https://invst.ly/x5k-4