Airline approaches support area posing in the environment of 4.37 to 4.38 euros but qualifies José

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Care analysts on the "unstable environment" that faced by equity markets, given the weakness of the macroeconomic data that have been known, as well as "external shocks" call, whether geopolitical tensions or as in the present day, and very specifically in Spain: Ebola.
And it has been in Madrid where he has produced the first case of infection outside of Africa, and the uncertainties and fears surrounding this virus have also left notes in the Spanish market. So, IAG has been the second worst Ibex 35 to end the day with a decline of 6.57% and registering "very much volume."
Airline approaches support area posing in the environment of 4.37 to 4.38 euros but qualifies José María Rodríguez, technical analyst at Bolsamanía, we should not be fooled with this title, because its bearish trend " is long, in fact, from the highs of last March, the price continues to build maximum and lower lows, plus impeccable bassist guideline that has slowed for four times in recent months. "
However, experts from JP Morgan, in a note published this Tuesday, believe that the recent correction in the field of European airlines are an "opportunity". The American firm notes that "while our estimates of the currency market suggest that the industry may register additional setbacks, the earlier precedent also suggests grafiti that these values may be ready to rebound in the next six months."
In any case, if you lose that level IAG Rodriguez explains that the action "may slow down where you want, but I see no media to the August lows, at 3.85 euros." The title closed Tuesday's session at 4.41 euros, a FTSE 35 fully stained red (only ArcelorMittal ends positive) and has been registered worst performing equities in the Old Contin