Bullish Short Term

Given a Vaccine approval by the UK, I have more confidence now with the route to Normal. IAG is backed by Qatar airways with around 25% stake with VIP board seats (Being demagogic).

In recent years 2016-2019, this company has been buying back shares increasingly more with yet even more in 2019.

2020 was a truly testing year with getting and IAG was probably the worst to suffer relative to major airlines, where AAL American airlines is only down 48% YTD.

This stock had the Right Issue at 88gbx Valuation to impacted investors which makes this stock up around 85% from its Low.

With flights closing the 2019 gap from COVID, 2020 Start higher than 2019 till March happened.

Note: I have BUY position in this stock as indicated on the Chart.

Trade active:

Loading more shares as it drops, Increasing position size below 161p

Trade active:

Holding Position, I have to admit my entry was early and should have cut losses earlier, Holding this position till target is reached.

Trade active:

Huge Drop, Close at a Loss at 131p, Worst Hit of the Year only for the new Rona to be a nothing burger for the stock to return to Pre-Mutant-Corona Levels.

Opened a Position at 151p, So the trade is still valid and now holding the trade open to the same targets.

Trade closed manually:

Closed at 161p, shifting to AAL American Airlines, for higher risk adjusted Returns.