Will NMC Health break support, or will it rise again to 3012p?

• 3531-3012p range since early January; Now trading 2605p (at time of writing)
• Will the pattern repeat itself, shares testing 3012p highs?
• Shares -15.45% from 2018 highs; +1.7% from 2019 lows; -5% year-to-date
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading NMC Health – An Example

Let’s say you like the range, you think it’s heading back towards 3012p again. You decide to Buy exposure to £10,000 worth of NMC Health using a CFD, at the current price of 2605p. To do this, you need £2,000.

Let’s assume NMC Health rises back to range ceiling at 3012p (+15.6%). Your profit would be £1560, 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. NMC Health 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.