Will Marks & Spencer continue falling, or will it rise again back to 280p recent highs?

• Marks & Spencer shares have fallen over 11% in the past month.
• Shares were -23% since late Nov, trading a negative momentum.
• Recently bounced over 6% from Dec lows. Currently trades 251p (at the time of trading).
• Shares almost -3.7% from 2019 highs; +3.2% from 2019 lows; +2% year-to-date.
• Retail sector benefiting from good early Christmas trading results from Next and John Lewis.
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Marks & Spencer – An Example

Let’s say you feel that the stock is a bargain and you think it could bounce back to recent high of 280p. You decide to buy exposure to £10,000 worth of Marks & Spencer using a CFD, at the current price of 251p. To do this, you need £2,000.

Let’s assume Marks & Spencer recovers back to 280p (+11.5%). Your profit would be £1150, 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. Marks & Spencer 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.