Will Hargreaves Lansdown continue falling, or will it rise again back to 1839p this week’s highs?

• Hargreaves Lansdown fallen over 11% this week after results disappointed.
• Assets under management declined on weak investor sentiment.
• Now trades 1633p (at time of writing).
• Shares -14.8% from 2019 highs; trading at 2019 lows; -11.7% year-to-date.
• Can the stock recover to recent highs?
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Hargreaves Lansdown – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards this week’s high of 1839p. You decide to buy exposure to £10,000 worth of Hargreaves Lansdown using a CFD, at the current price of 1633p. To do this, you need £2,000.

Let’s assume Hargreaves Lansdown recovers back to 1839p recent highs (+12.6%). Your profit would be £1260, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 6% from the current price. Hargreaves Lansdown falls 6% and hits your stop-loss. Your loss would be £600.

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