RE: Interesting rest of week23 Feb 2021 19:14
Dagger,
The pattern was very similar to the vaccine news came in November, despite this was divided in to few days as we started from 143p, we have got back to the 185p after first drop to around 179p, where we had 144p and drop to the 130p on the vaccines news and then went upward steadily until 178p. ( I thought that is the IAG has some sort of profit taking percentage (or 15p) as that is the traders that always does here.)
The current unknow issue is that how will the MM handle IAG results, are they going to leave this to down or they are going to keep around 180p or higher? I think it's hard to predict that what can happen to the next two days, some people like B-B predict but those are very random no real facts I think.
TP has predicted few days ago but that was before the BOJO announcement, he was correct if BOJO gave us bad plan but now the situation is different, so he may have to review and update us what is in his mind now, he read normally well the MM I thought as a experience IAG investor.
The plus point is that we and everyone know that the TRAVEL sector is BACK ON TRACK now and guaranteed profit in few months time, so may be many investors will not sell within next few two days and stay in as we know this is going up even little drop, so quick recovery, so no harm if they NOT PRESS THE BUTTON in the low if happened.
I think that buying is low (nearly no) risk now but selling is high risk if we can hold for a few months in my view.
GL to you mate.