Member Info for David_Williams

Does anyone know when US will remove the mandatory PCR tests?

The problem is the oil prices. They will affect a lot the airlines

Because of the oil price which will lead to bigger inflation and interest rates. The last is not good for the IAG loans

Why short positions are not closing?

IAG was up 8% yesterday + 6% today in Madrid while only 10% in London. Any thoughts why?

Sadly us will require negative pcr test 24 hours before arrival

Spain bans unvaccinated britains but it should not be a big impact since most of the population has already been vaccinated

It is still a small reduction. It would be great to see more

250 probably by the end of the month, nit by Friday

Looking at the sp in investing.com, it says closing price at 169. Does anyone know why?

The last 18 months the SP was driven based on the news and not on the financial results. I think most of the news like vaccine, reopening are announced which means the SP should start to react based on results now.

Although we all see the demand coming in next year and the market is forward looking, we are still not there. The company is still loosing money. This means the SP will struggle in a short term but I expect to soar from January/February

I hope it will not go down too much although this would be an opportunity for those who are waiting to get in

it does not look good in a short term. It probably will gown in the next few days

The sp goes down when everyone expects to go up. And it soars when everyone expects to go down

Since people start to be negative I expect the market to do the oposite?

Geng when you talk about gaps, do you check these on a daily or hour chart. If it is a daily chart, no more gaps up or down. But on the hour chart, there are three above current price

RSI on 1 hour is oversold (17)

bottom of this wave around 157? Any constructive thoughts?

TradingPlaces69 At which zone you are looking to buy?

Thanks coolebenji

Good analysis

coolebenji what do you expect: a retracement to 165 before it goes up or soaring from here to 200ish and then retracement

RSI on daily is 56. I am also comparinfg with RR and easy jet since these shares have similar movements. RR RSI is still high and there are two gaps below where at least one should be closed before it takes off. While easy jet is closed to oversold

Other thoughts are wellcome

British Airways to rehire 3,000 cabin crew laid off during pandemic