Bullish Short Term

Atualizado
Given a Vaccine approval by the UK, I have more confidence now with the route to Normal. IAG is backed by Qatar airways with around 25% stake with VIP board seats (Being demagogic).

In recent years 2016-2019, this company has been buying back shares increasingly more with yet even more in 2019.

2020 was a truly testing year with getting and IAG was probably the worst to suffer relative to major airlines, where AAL American airlines is only down 48% YTD.

This stock had the Right Issue at 88gbx Valuation to impacted investors which makes this stock up around 85% from its Low.

With flights closing the 2019 gap from COVID, 2020 Start higher than 2019 till March happened.

Note: I have BUY position in this stock as indicated on the Chart.
Trade ativo
Loading more shares as it drops, Increasing position size below 161p
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Holding Position, I have to admit my entry was early and should have cut losses earlier, Holding this position till target is reached.
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Huge Drop, Close at a Loss at 131p, Worst Hit of the Year only for the new Rona to be a nothing burger for the stock to return to Pre-Mutant-Corona Levels.

Opened a Position at 151p, So the trade is still valid and now holding the trade open to the same targets.
Trade fechado manualmente
Closed at 161p, shifting to AAL American Airlines, for higher risk adjusted Returns.
Supply and DemandSupport and ResistanceTrend Analysis

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