Great Portland Estates
A trading opportunity for you?
Will Great Portland Estates break support, or will it rise again to 770p (+12%)?
- Rising support since Aug 2017; Now trading 686p (at time of writing).
- Will the pattern repeat, the shares climbing back towards 770p (+12%)?
- Shares -11.7% from 2019 highs; +6.1% from 2019 lows; +4.2% year-to-date.
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Great Portland Estates – An Example
Let’s say you like the Great Portland Estates chart and you think the price is heading back towards 770p again. You decide to buy exposure to £10,000 worth of Great Portland Estates using a CFD, at the current price of 686p. To do this, you need £2,000.
Let’s assume Great Portland Estates rises back to 770p (+12%). Your profit would be £1200, 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. Great Portland Estates 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.