Short term view - INTERNATIONAL CONSOLIDATED AIRLINES GROUP (ex. BRITISH AIRWAYS PLC) : New high
The trend is still bullish, though slower. The invalidation level is below 644.46 p.The target is at 712.20 p.Arguments :
- The 50% retracement has been reached.
- Prices made a new high, this confirms the strength of the trend.
- 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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