Imperial Brands
A trading opportunity for you?
Will Imperial Brands break support, or will it rise back to 2087p (+11%)?
- Bounce off late May lows of 1861p; Now 1880p (at time of writing)
- Will the pattern repeat itself, rising back to 2087p?
- Shares -30.7% from 2019 highs; +1.4% from 2019 lows; -20.9% year-to-date
- Shares recently under pressure from fears about slowing growth
- Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal
Trading Imperial Brands – An Example
Let’s say you like the Imperial Brands range, you think it’s heading back up to 2087p again. You decide to buy exposure to £10,000 worth of Imperial Brands using a CFD, at the current price of 1880p. To do this, you need £2,000.
Let’s assume Imperial Brands rises back to 2087p (+11%). Your profit would be £1100, 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. Imperial Brands 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.