Hammerson
A trading opportunity for you?
Will Hammerson break support, or will it rise again to 349p recent highs?
- Horizontal support since late March; Now trading 333p (at time of writing).
- Will the pattern repeat, the shares climbing back towards 349p?
- Shares -15.9% from 2019 highs; +6.2% from 2019 lows; +1.2% year-to-date.
- Real Estate names with retail exposure names hampered by Brexit
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Hammerson – An Example
Let’s say you like the Hammerson chart and you think the price is heading back towards 349p again. You decide to buy exposure to £10,000 worth of Hammerson using a CFD, at the current price of 333p. To do this, you need £2,000.
Let’s assume Hammerson rises back to 349p highs (+4.8%). Your profit would be £480, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 2% from the current price. Hammerson falls 2% and hits your stop-loss. Your loss would be £200.
This is provided for information purposes only. It should not be taken as a recommendation.