RE: Duh6 Jan 2020 15:01
Well, I was looking at Ocado chart when it rebounded to 1244 after 1233, that seemed positive, but then, I wouldn't have predicted getting back to 1260 now.
"IF", I had been buying today and watching falling prices live, I think around 1248 I probably would be buying on way up again.
Otherwise, my chart reading skill is showing 1280 tops and 1220 bottom, so we are in the middle of that????
IAG, I see 590 on chart and it could get there in next new days if no positive news, but it had been held back for many months due to Brexit and looking at the flat plateau, I thought they seemed solid over 6 .
Basically, they have nothing to be pushing them up at moment and only negative news piling up, so I suppose that is the answer! Again, Easyjet has not dropped as far and has recovered very slightly better.
Therefore!!!, in answer to what you are probably saying, to make it worth my while selling now rather than opening, IAG would have to go down to 570 or more.
Good news for Ocado though, seem to be resilient around this mid 1200 price?
My wife loves Ocado, good special offers, good veg, plus interesting new products and they don't quibble about returns. What's not to like?