A trading opportunity for you?

Will easyJet continue falling, or will it rise again back to 1,636 August highs?

• The price has fallen over 2.6% in one week.
• Shares are down close to 23%% from 2018 highs and trading right next to 2018 lows, -5.5% year-to-date.
• Rising oil prices (with Brent crude oil over $80/barrel again) are hitting airlines’ costs.
• It has been as high as 1,636p in August, and as low as 1,375p. It is now at 1,383p.

Click to enlarge

Trading easyJet – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards August high of 1,636. You decide to buy exposure to £10,000 worth of easyJet using a CFD, at the current price of 1,383p. To do this, you need £2,000.

Let’s assume easyJet recovers back to 1,636p. Your profit would be £1,829, 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. easyJet 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.