Will Taylor Wimpey continue falling, or will it recover to 192p?

• Taylor Wimpey is down 7.7% since yesterday’s high.
• Price at 182p (at time of writing).
• Can the stock recover 5.4% to 896p?
• Shares -5.4% from 2019 highs, +35.9% from 2019 lows; +33.4% year-to-date.
• Apr 25: Taylor Wimpey will face margin pressure this year, says Numis Securities. 
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Taylor Wimpey – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 192p. You decide to buy exposure to £10,000 worth of Taylor Wimpey using a CFD, at the current price of 182p. To do this, you need £2,000.

Let’s assume Taylor Wimpey recovers back to 192p (+5.4%). Your profit would be £540, 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. Taylor Wimpey rises 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.