A trading opportunity for you?
Will Hammerson continue falling, or will it recover to 349p highs?
- Shares -24% from highs; bounced +9.4%; double breakout
- Now trades 286p (at time of writing).
- Can the stock recover 22% to 349p March highs?
- Shares -27.7% from 2019 highs; +9.3% from 2019 lows; -13.1% year-to-date.
- Retail Property under pressure from Brexit and Consumer uncertainty
- Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal
Trading Hammerson – An Example
Let’s say you feel that the stock is a bargain and you think could bounce back towards 349p highs. You decide to buy exposure to £10,000 worth of Hammerson using a CFD, at the current price of 286p. To do this, you need £2,000.
Let’s assume Hammerson recovers back to 349p highs (+22%). Your profit would be £2200, 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. Hammerson 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.