NMC Health
A trading opportunity for you?
Will NMC Health break support, or will it rise again back to 4,375p August highs?
- NMC Health has bounced off January support zone around 3,050p.
- Bounced 8 times, most recently today.
- Now trading 3,055p (at time of writing).
- According to analysts at Barclays, company’s fundamentals remain strong despite recent share-price weakness.
- Shares -28.34% from 2018 highs; +10% 2018 lows; +5.75% year-to-date.
- Source: Bloomberg, FT, Reuters, DJ Newswires
Trading NMC Health – An Example
Let’s say you like the NMC Health range, you think it’s heading back towards 4,375p again. You decide to buy exposure to £10,000 worth of NMC Health using a CFD, at the current price of 3,055p. To do this, you need £2,000.
Let’s assume NMC Health rises back to 4,375p (+43.2%). Your profit would be £4,320, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 10% from the current price. NMC Health falls 10% and hits your stop-loss. Your loss would be £1,000.
This is provided for information purposes only. It should not be taken as a recommendation.