NMC Health
A trading opportunity for you?
Will NMC Health continue falling, or will it rise again back to 4,375p record highs?
- The price has fallen over 10% in one week.
- Shares are down close to 24% from 2018 highs, but still +15.5% year-to-date.
- Strong positive momentum since the beginning of the year interrupted in late August.
- NMC Health benefited from its core focus on Middle East operations, with no overspending on M&A.
- It has been as high as 4,375p in August, an all-time record high level. It is now at 3,331p.
Trading NMC Health – An Example
Let’s say you feel that the stock is a bargain and you think could bounce back towards August all-time record highs of 4,375p again. You decide to buy exposure to £10,000 worth of NMC Health using a CFD, at the current price of 3,331p. To do this, you need £2,000.
Let’s assume NMC Health recovers back to 4,375p. Your profit would be £3,134, 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.