StephenHoad

IAG Plc building up blue sky pressure?

Long
LSE:IAG   INTERNATIONAL CONSOLIDATED AIRLINE ORD EUR0.10 (CDI)
IAG Plc LON:IAG) Last couple of days price has tested short term support and failed ending both days in more of a bullish mode - a possible sign of a build up of pressure to move into blue sky territory? Next upside Fibonacci longer term target in the early 800's. If it fails here, then the gap around the late 580's should be watched closely. EasyJet results out tomorrow and their potential move abroad may have some bearing on the short term.
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