RECOMMENDATION BUY
TARGET 575
The Major trend of INTERNATIONAL CONSOLIDATED AIRLINES PLC it is showing strength for buying. If it breaks the resistance level then one can initiate the buying position in the stock. If it breaks the level of 569 then it can show upside movement for the target of 575 with the stop loss of 563.
CHART FORMATION:-
Stock is trading in a range and breaking its neckline will lead to upside movement. Stock is trading above the 50 DMA with positive bias.
INDICATORS:-
RSI is trading near to 53.94 level with positive bias, in upcoming session upside movement is expected.
MACD and Signal line is sustaining above the zero level line.
TARGET 575
The Major trend of INTERNATIONAL CONSOLIDATED AIRLINES PLC it is showing strength for buying. If it breaks the resistance level then one can initiate the buying position in the stock. If it breaks the level of 569 then it can show upside movement for the target of 575 with the stop loss of 563.
CHART FORMATION:-
Stock is trading in a range and breaking its neckline will lead to upside movement. Stock is trading above the 50 DMA with positive bias.
INDICATORS:-
RSI is trading near to 53.94 level with positive bias, in upcoming session upside movement is expected.
MACD and Signal line is sustaining above the zero level line.