A trading opportunity for you?

Will Ferguson continue falling, or will it rise again back to 6602p highs?

• Ferguson shares have fallen by 5% today.
• The shares are -6% from recent highs.
• Shares -6% from 2018 highs; +30% from 2018 lows; 16% year to date
• Ferguson FY18 results beat consensus this morning, but FY19 outlook failed to inspire
• Shares trading 6209p (at time of writing) versus 6602p highs of yesterday

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Trading Ferguson – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back to yesterday’s highs of 6602p. You decide to buy exposure to £10,000 worth of Ferguson using a CFD, at the current price of 6209p. To do this, you need £2,000.

Let’s assume Ferguson recovers back to 6602p (+6.3%). Your profit would be £630, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. Ferguson falls 3% and hits your stop-loss. Your loss would be £300.

This is provided for information purposes only. It should not be taken as a recommendation.