NMC Health
A trading opportunity for you?
Will NMC Health break support, or will it rise again back to 2950p (+22.75%)?
- Bounced off 6 week support; Now trading 2288p (at time of writing).
- Will the pattern repeat? Will the shares bounce back to 2950p (+22.75%)?
- Shares -24% from 2019 highs; +8% from 2019 lows; -16.3% year-to-date.
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading NMC Health – An Example
Let’s say you like the NMC Health chart and you think the price is heading back towards 2950p again. You decide to buy exposure to £10,000 worth of NMC Health using a CFD, at the current price of 2288p. To do this, you need £2,000.
Let’s assume NMC Health recovers back to 2950p (+22.75%). Your profit would be £2,750 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. NMC Health 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.