Short term view - INTERNATIONAL CONSOLIDATED AIRLINES GROUP (ex. BRITISH AIRWAYS PLC) : Rising consolidation.
The background trend is clearly bearish. The negative MACD confirms the trend. The rise is a consolidation that will soon bump against the level at 643.50 p.The next target is at 572.60 p, then 544.03 p. Passing 643.50 p would question the continuation of the fall.
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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