Will Clarkson turn, or will it continue to rise to August ’18 highs of 2937p?

• Shares +39% since Christmas.
• Now trading at 2561p (at the time of writing)
• Will the positive momentum continue?
• Shares -1.8% from 2019 highs; +32.4% from 2019 lows; +34.9% year-to-date.
• 8 Jan: Shipping company reported earnings in-line with expectations.
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Clarkson – An Example

Let’s say the trend appeals to you, you think it’s likely to continue. You decide to buy exposure to £10,000 worth of Clarkson using a CFD, at the current price of 2561p. To do this, you need £2,000.

Let’s assume the Clarkson trend continues to August ’18 highs of 2937p (+14.7%). Your profit would be £1470, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 7% from the current price. Clarkson falls 7% and hits your stop-loss. Your loss would be £700.

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