Pets at Home
A trading opportunity for you?
Will Pets at Home continue falling, or will it rise again back to 150p? (+8%)
- (12th Apil). Pets at Homeshares -12% from yesterday’s highs after Canada’s public pension fund’s share sale
- Now trades 142p (at time of writing).
- Can the stock recover some of today’s fall?
- Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal
Trading Pets at Home– An Example
Let’s say you feel that the stock is a bargain and you think could bounce back towards 150p? (+8%). You decide to buy exposure to £10,000 worth of Pets at Homeusing a CFD, at the current price of 142p. To do this, you need £2,000.
Let’s assume Pets at Home recovers back to 150p? (+8%). Your profit would be £800, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 4% from the current price. Pets at Home falls 4% and hits your stop-loss. Your loss would be £400.
This is provided for information purposes only. It should not be taken as a recommendation.