Short term view - INTERNATIONAL CONSOLIDATED AIRLINES GP : The moving average is supporting prices.
Our previous opinion was negative.We turn positive with a target at 446 p and an invalidation level at 405 p.
The bullish trend resumes after the consolidation.
Arguments :
- The support has been reached, it causes the bounce.
- The moving average is supporting prices.
International Airlines Group is an international scheduled airline and global premium airlines. Co.'s principal place of business is London with significant presence at Heathrow, Gatwick and London City airports.
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