Schroders
A trading opportunity for you?
Will Schroders break 5 month rising support, or will it rise again to 3201p (+6.15%)?
- March rising support, 3 bounces
- Now 3000p (at time of writing).
- Will the pattern repeat, the shares climbing back towards 3201p (+6.15%)?
- Shares -6.7% from 2019 highs; +21.95% from 2019 lows; +21.95% year-to-date.
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Schroders – An Example
Let’s say you like the Schroders chart and you think the price is heading back towards 3201p again. You decide to buy exposure to £10,000 worth of Schroders using a CFD, at the current price of 3000p. To do this, you need £2,000.
Let’s assume Schroders rises back to 3201p highs (+6.15%). Your profit would be £615, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. Schorders falls 3% and hits your stop-loss. Your loss would be £300.
This is provided for information purposes only. It should not be taken as a recommendation.