A trading opportunity for you?

Will Just Eat continue falling, or will it rise again back to 800p recent highs?

• The price has fallen close to 5% in one week.
• Shares are down close to 22% from 2018 highs, +7% from 2018 lows, -14.2% year-to-date.
• Reuters reported that Just Eat’s competitor Uber is interested in acquiring Deliveroo, creating a stronger rival.
• Brokers at Peel Hunt were cautious, saying that the deal is far from done and that Just Eat would continue enjoying competitive advantage due to its large customer network.
• It has been as high as 809p in August, and as low as 647p. It is now at 670p.

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Trading Just Eat – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 800p level seen in August. You decide to buy exposure to £10,000 worth of Just Eat using a CFD, at the current price of 670p. To do this, you need £2,000.

Let’s assume Just Eat recovers back to 800p. Your profit would be £1,940, 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. Just Eat 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.