Britivic
A trading opportunity for you?
Will Britvic break support, or will it rise again back to 878p ?
- Britvic has rising support since mid-October.
- Now trading at 813p (at time of writing)
- Will the pattern repeat itself, bouncing up again towards 877p?
- Shares -8% from 2018 highs; +22.8% from 2018 lows; -0.2% year-to-date
- 5 Dec: Britvic outlook bubbly says Shorecap
- 29 Nov: Britvic medium-term outlook gets more attractive says Citi
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Britvic – An Example
Let’s say you like the range, you think it’s heading back towards 877p again. You decide to buy exposure to £10,000 worth of Britvic using a CFD, at the current price of 813p. To do this, you need £2,000.
Let’s assume Britvic recovers back to 877p (+7.8%). Your profit would be £780, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. Britvic falls 3% and hits your stop-loss. Your loss would be £300.
This is provided for information purposes only. It should not be taken as a recommendation.