Rolls Royce
A trading opportunity for you?
Will Rolls Royce break support, or will it rise again to 925p?
- 3 touches off rising support since March; Currently 2% off month lows
- Will the pattern repeat itself, rising back to recent highs of around 925p? (+3%)
- Shares -11% from 2019 highs; +13% from 2019 lows; +8% year-to-date.
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Rolls Royce – An Example
Let’s say you like the Rolls Royce support, you think it’s heading back up to 925p again. You decide to buy exposure to £10,000 worth of Rolls Royce using a CFD, at the current price of 925p. To do this, you need £2,000.
Let’s assume Rolls Royce rises back to highs of 925p (+3%). Your profit would be £300, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 1.5% from the current price. Rolls Royce falls 1.5% and hits your stop-loss. Your loss would be £150.
This is provided for information purposes only. It should not be taken as a recommendation.