{"id":1641,"date":"2020-03-08T22:47:15","date_gmt":"2020-03-08T22:47:15","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1641"},"modified":"2020-03-09T08:06:20","modified_gmt":"2020-03-09T08:06:20","slug":"iag-aka-british-airways-9-03-2020","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/03\/08\/iag-aka-british-airways-9-03-2020\/","title":{"rendered":"IAG aka British Airways 9\/03\/2020"},"content":{"rendered":"\n<p><strong>#Brent #DAX <\/strong>Virus fears certainly appear to be fouling airline share prices but it&#8217;s perhaps worth mentioning neither IAG nor EZY are yet trading in a zone where panic makes sense. They&#8217;re both certainly pretty close to messy, their prices not yet entering the official  &#8220;lower low&#8221; flight level to misery.<\/p>\n\n\n\n<p>However, we&#8217;ve decided it&#8217;s probably \nbest not being flippant about Coronavirus. News coverage now pollutes every \nsingle section of Google News &#8211; World \/ Local \/ Sport \/ Business \/ \nEntertainment(?) \/ Politics, Tech, even Science!<\/p>\n\n\n\n<p>It&#8217;s doubtless fair to assume folk \nwill prefer avoid spending any time in flying Petri dishes while panic levels \nremain high. This will surely create an ongoing income problem for the travel \nindustry, making it easy to believe the drops since February 20th may simple be \nearly warning of trouble. If this proves the case, weakness against IAG below \n394p risks proving messy, signalling the risk of further reversal to 334p. If \nbroken, secondary calculates down at 222p.<\/p>\n\n\n\n<p>Despite being a truly shambolic \nreversal suggestion &#8211; a 50% reduction on current &#8211; this risks not being the end \nof the story as &#8220;bottom&#8221; works out at somewhere between 100 and 138p ultimately.<\/p>\n\n\n\n<p>At present, there is very little \npoint in drawing a trend line to map the pace of reversals. Were we to do so, \nabout the best we could suggest is of moves above 550p signalling the drop has \nslowed. In reality, any recovery is liable to prove sharp and vivid, if someone \nannounces they&#8217;ve knocked together a cure for Covid-19 in their garden shed! But \nto be fair, we&#8217;d tend believe above just 462p will give sufficient early warning \nfor price recovery.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/iag080320.jpg\" alt=\"Hey, chart goes here\"\/><\/figure>\n\n\n\n<TABLE BORDER=2>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">Time Issued<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Market<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Price At Issue<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Short Entry<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Fast Exit<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Slow Exit<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Stop<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Long Entry<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Fast Exit<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Slow Exit<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Stop<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Prior<\/font><\/td> <\/TR>\n<A name=\"FUTURES596\"><font size=\"2\">FUTURES<\/font><\/a><TR> <td> \n\t<p align=\"center\"><font size=\"2\">6:45:14PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">BRENT<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">45.56<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">45.2<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">43.06<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">36.56<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">52<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">53.8<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">55.4<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">58.8<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">51<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/td> <\/TR>\n<TR> <td> \n\t<p align=\"center\"><font size=\"2\">7:37:52PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">GOLD<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">1674.15<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Shambles<\/font><\/td> <\/TR>\n<TR> <td> \n\t<p align=\"center\"><font size=\"2\">8:09:16PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">FTSE<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">6457.4<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/td> <\/TR>\n<TR> <td> \n\t<p align=\"center\"><font size=\"2\">8:31:33PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">FRANCE<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">5139<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/td> <\/TR>\n<TR> <td> \n\t<p align=\"center\"><font size=\"2\">8:34:14PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">GERMANY<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">11525<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">11419<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">11365<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">11152<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">11590<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">11767<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">11866<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">12015<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">11551<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/td> <\/TR>\n<TR> <td> \n\t<p align=\"center\"><font size=\"2\">8:36:07PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">US500<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">2964.07<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/td> <\/TR>\n<TR> <td> \n\t<p align=\"center\"><font size=\"2\">9:17:52PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">DOW<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">25806.6<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/td> <\/TR>\n<TR> <td> \n\t<p align=\"center\"><font size=\"2\">9:20:00PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">NASDAQ<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">8504.12<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/td> <\/TR>\n<TR> <td> \n\t<p align=\"center\"><font size=\"2\">9:21:51PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">JAPAN<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">20424<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/td> <\/TR>\n\n<\/TABLE>\n\n<p class=\"MsoNormal\">&nbsp;<\/p>\n<H5> 6\/03\/2020 FTSE Closed at 6452 points. Change of -3.77%. Total value traded through LSE was: \u00a3       9,320,342,676 a change of 15.12%<\/h><\/p>\n<H5> 5\/03\/2020 FTSE Closed at 6705 points. Change of -1.61%. Total value traded through LSE was: \u00a3       8,096,440,019 a change of 2.53%<\/h><\/p>\n<H5> 4\/03\/2020 FTSE Closed at 6815 points. Change of 1.44%. Total value traded through LSE was: \u00a3       7,896,662,173 a change of -10.1%<\/h><\/p>\n<H5> 3\/03\/2020 FTSE Closed at 6718 points. Change of 0.96%. Total value traded through LSE was: \u00a3       8,783,341,942 a change of -20.21%<\/h><\/p>\n<H5> 2\/03\/2020 FTSE Closed at 6654 points. Change of 1.12%. Total value traded through LSE was: \u00a3      11,007,742,370 a change of -20.6%<\/h><\/p>\n<H5>28\/02\/2020 FTSE Closed at 6580 points. Change of -3.18%. Total value traded through LSE was: \u00a3      13,863,850,185 a change of 59.9%<\/h><\/p>\n<H5>27\/02\/2020 FTSE Closed at 6796 points. Change of -3.49%. Total value traded through LSE was: \u00a3       8,670,151,517 a change of 31.45%<\/h><\/p>\n<a target=\"_blank\" href=\"http:\/\/www.trendsandtargets.com\/offer_subscribe.html\" rel=\"noopener noreferrer\">\n<IMG border=\"1\" src=\"http:\/\/www.trendsandtargets.com\/images\/specialoffer.gif\">\n","protected":false},"excerpt":{"rendered":"<p>#Brent #DAX Virus fears certainly appear to be fouling airline share prices but it&#8217;s perhaps worth mentioning neither IAG nor EZY are yet trading in a zone where panic makes sense. They&#8217;re both certainly pretty close to messy, their prices not yet entering the official &#8220;lower low&#8221; flight level to misery. However, we&#8217;ve decided it&#8217;s &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.trendsandtargets.com\/index.php\/2020\/03\/08\/iag-aka-british-airways-9-03-2020\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;IAG aka British Airways 9\/03\/2020&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1641","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=1641"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1641\/revisions"}],"predecessor-version":[{"id":1642,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1641\/revisions\/1642"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1641"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}