AJ Bell
A trading opportunity for you?
Will AJ Bell break support, or will it rise again to 480p (+24%)?
- Rising support since year-end; Now trading 385p (at time of writing).
- Will the pattern repeat, the shares climbing back towards 480p (+24%)?
- Shares -20.1% from 2019 highs; +70% from 2019 lows; +60% year-to-date.
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading AJ Bell – An Example
Let’s say you like the AJ Bell chart and you think the price is heading back towards 480p again. You decide to buy exposure to £10,000 worth of AJ Bell using a CFD, at the current price of 385p. To do this, you need £2,000.
Let’s assume AJ Bell rises back to 480p (+24%). Your profit would be £2400, 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. AJ Bell 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.