A trading opportunity for you?

Will International Consolidated Airlines continue falling, or will it rise again back to 697p September highs?

• The price has fallen over 5% in one week.
• Shares are down close to 9.3% from 2018 highs, but bounced 12.7% from 2018 lows, flat year-to-date.
• Oil prices reaching 4-year highs are hurting airlines, which have fuel prices as a major cost driver.
• Brexit uncertainty is adding to the negative sentiment, as airlines struggle with consequence of a no-deal scenario.
• Shares have been as high as 697p in September, and as low as 643p. It is now at 648p.

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Trading International Consolidated Airlines – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards September high of 697p. You decide to buy exposure to £10,000 worth of International Consolidated Airlines using a CFD, at the current price of 648p. To do this, you need £2,000.

Let’s assume International Consolidated Airlines recovers back to 697p (+7.5%). Your profit would be £750, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 5% from the current price. International Consolidated Airlines falls 5% and hits your stop-loss. Your loss would be £500.

This is provided for information purposes only. It should not be taken as a recommendation.