Will Hammerson break lower, or will it rise back again to 548p?

• The Hammerson range has developed since 2015.
• Bounced off falling trendline 4 times, most recently this week.
• Now trading 418p (at time of writing).
• Will the pattern repeat itself, testing previous highs?
• Shares -28.3% from 2018 highs; +1.6% from 2018 lows; -23.5% year-to-date
• 5 Oct: Sells 50% stake in a shopping centre in Leicester for £236m.
• Recent (July) £300m share buyback means potential for further returns to shareholders
• Source: Bloomberg, FT, Reuters, DJ Newswires

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Trading Hammerson – An Example

Let’s say you like the Hammerson range, you think it’s heading back towards 548p again. You decide to buy exposure to £10,000 worth of Hammerson using a CFD, at the current price of 418p. To do this, you need £2,000.

Let’s assume Hammerson rises back to 548p (+31.1%). Your profit would be £3110, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 5% from the current price. Hammerson falls 5% and hits your stop-loss. Your loss would be £500.

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