easyJet
Is this trend a good trading opportunity?
Will easyJet turn, or will it continue to rise to highs of 1200p (+18%)?
- Shares +19% from recent lows; Now trading 1012p (at the time of writing)
- Will the positive momentum continue towards 1200p (+18%)?
- Shares -26% from 2019 highs; +20.5% from 2019 lows; -8.4% year-to-date.
- 28 Jun: S&P affirms ‘BBB+’ Rating; Outlook Stable
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading easyJet – An Example
Let’s say the trend appeals to you, you think it’s likely to continue. You decide to buy exposure to £10,000 worth of easyJet using a CFD, at the current price of 1012p. To do this, you need £2,000.
Let’s assume the easyJet trend continues to highs of 1200p (+18%). Your profit would be £1800, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 5% from the current price. easyJet falls 5% and hits your stop-loss. Your loss would be £500.
This is provided for information purposes only. It should not be taken as a recommendation.