Will IAG turn, or will it continue beyond 666p November high?

• British Airways parent IAG shares are +9% since early Jan.
• Now trading at 630p (at the time of writing)
• Will the strong positive momentum continue?
• Shares -1.7% from 2018 highs; +6.5% from 2018 lows; +2% year-to-date.
• 23 Jan: Berenberg says IAG should see earnings growth in 2019.
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading IAG – An Example

Let’s say the trend appeals to you, you think it’s likely to continue. You decide to buy exposure to £10,000 worth of IAG using a CFD, at the current price of 630p. To do this, you need £2,000.

Let’s assume IAG trend continues to the 666p November high (+5.7%). Your profit would be £570, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 2% from the current price. IAG falls 2% and hits your stop-loss. Your loss would be £200.

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