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Home / Momentum / ASOS

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

ASOS

Is this trend a good trading opportunity?

Will ASOS continue its recent momentum? Will the Coronavirus lockdown drive online sales further?

  • Shares in an 17% uptrend since mid April
  • Online sales to increase with COVID lockdown?
  • Shares -32% from 2020 highs; +147% from 2020 lows; -40% year-to-date.
  • Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
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