Will Land Securities break resistance, or will it fall again towards 800p?

• Range has developed since October.
• Fallen from resistance multiple times. Now 855p (at time of writing)
• Will the pattern repeat itself, shares testing previous lows?
• Shares -15.6% from 2018 highs; +9.5% from 2018 lows; +6.3% year-to-date
• 21 Jan: Peer Hammerson downgraded by JP Morgan
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Land Securities – An Example

Let’s say you like the range, you think it’s heading back towards 800p again. You decide to Sell exposure to £10,000 worth of Land Securities using a CFD, at the current price of 855p. To do this, you need £2,000.

Let’s assume Land Securities falls back to the channel floor around 800p (-6.4%). Your profit would be £640, 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. Land Securities rises 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.