Member Info for KinkDink

I've bought three tranches of IAG, this afternoon, totaling £30K.
Buying whilst the bloodbath is on.
113.40p
112.50p
112.000p
It's time for you guys to do your bit now. Lets squeeze the shorts!

10:15 it hits my downtrend resistance line. So we either break it and go up or continue down.

I think you might be right, Jtan. I’m an eternal optimist, though. Actually 10:15am looks like the moment of truth.

We’ve been going sideways since around 8:15am. We’ll either pop or drop around 9:55-10:00am.

@DanCUK
I know how you feel Dan. I had £220K invested in PFC when the SP was around £3.75. I dumped my whole position and took a massive £132K loss about a year into the pandemic. I stupidly held during the start of the pandemic, thinking I’d still get a dividend despite the equity depreciation; when dividends were cancelled I’d already lost a huge chunk of my investment capital and my income from the dividend.

There’s no shortage of pain stories to do with this share.

It’s in a downtrend, at the moment, but it’ll turnaround, probably mid to end of July. At least all the negative news to do with the company has gone now.

Thanks Scotty, you beat to it. I just watched Luis Gallego Martin speaking on Bloomberg at the Qatar Economic Forum.
I think he also said, 70% of fuel is hedged, too.

2Q Results are due on 29 July.
https://www.iairgroup.com/en/investors-and-shareholders/financial-calendar/2022

https://www.shortdata.co.uk/company.php?isin=GB00B0H2K534

Typo correction.

Biden administration will announce later today no more negative covid tests required for travelling INTO the USA. Get ready for some IAG rockets!

Biden administration will announce later today no more negative covid tests required for travelling in the USA. Get ready for some IAG rockets!

Jtan, I’m replying to the link that Tricky125 posted. That articles title is “Heathrow Airport: All of the British Airways flights cancelled today”

If you want to see what's going on with British Airways departures and arrivals, use the links below.

You'll see plenty of British Airways flights today from Heathrow are flying.

https://www.airport-london-heathrow.com/lhr-departures-airline-british-airways

https://www.airport-london-heathrow.com/lhr-arrivals-airline-british-airways

Hope those links are useful, guys.

@ScottishPI
Here’s a link to my IAG weekly chart.
https://freeimage.host/i/XsrWzv

Support level on the 0.78 Fibonacci line at 121.78

Resistance level at 158

Current share price is sitting on the 8/1 Gann fan line. If we hold above this level, we should see more upward momentum in the coming weeks.

Hope that’s some help to you.

I've added to my current position at 127.7692p. Never thought I'd see these prices again!

I’m not a shorter, guys! Don’t shoot the messenger, just trying to help, that’s all.

The RSI is at 70 on the 1 day chart. It’s overbought and therefore a sell off is coming; either today or tomorrow.

Don’t buy or sell on my opinion, just do your own TA and you’ll see for yourselves.

Have a good day.

My analysis is showing the SP is overbought. Profit taking is about to start soon.

According to a post I've just seen on Twiiter, Manchester airport was looking super busy at 4am this morning.

Nice!

https://twitter.com/MouthPurdy/status/1513798801957568519

@Newby4569 It needs to hold above 42.16p. The four hour chart is showing it's in overbought territory, so expect some pullback in the coming days. Potential retrace to 42.77p. If it drops below 42.16p then set buy orders for around 32p. If it holds above 42.16p then 63.15p is achievable.

Bloomberg:
British Airways parent IAG SA said cash flows turned positive in third quarter and that North Atlantic bookings have begun to surge as the U.S. prepares to reopen its border to vaccinated Europeans next week.
https://www.bloomberg.com/news/articles/2021-11-05/british-airways-owner-sees-turnaround-with-u-s-opening-up

CapeView Capital LLP reduced short position by 0.14% yesterday.
https://www.shortdata.co.uk/company.php?isin=GB00B0H2K534