Diploma
A trading opportunity for you?
Will Diploma break support, or will it rise again to 1638p (+13%)?
- Horizontal support at 1441p;
- Now trading 1448p (at time of writing).
- Will the pattern repeat, the shares climbing back towards 1638p (+13%)?
- Shares -12.4% from 2019 highs; +26.7% from 2019 lows; +19.8% year-to-date.
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Diploma – An Example
Let’s say you like the Diploma chart and you think the price is heading back towards 1638p again. You decide to buy exposure to £10,000 worth of Diploma using a CFD, at the current price of 1448p. To do this, you need £2,000.
Let’s assume Diploma rises back to 1638p highs (+13%). Your profit would be £1300, 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. Diploma 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.