Will Indivior continue falling, or will it rise again back to 120p Monday’s highs?

• Indivior down as low as 30% today, but already bounced +10% from lows
• Pharma shares down as a US court denied rehearing on generic drugs.
• Now trades 92.4p (at time of writing).
• Shares -28.9% from 2019 highs; +10% from 2019 lows; -17.13% year-to-date.
• Can the stock recover to recent highs?
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

Click to enlarge

Trading Indivior – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards recent high of 120p. You decide to buy exposure to £10,000 worth of Indivior using a CFD, at the current price of 92.4p. To do this, you need £2,000.

Let’s assume Indivior recovers back to 120p Monday highs (+29.8%). Your profit would be £2980, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at8% from the current price. Indivior falls 8% and hits your stop-loss. Your loss would be £800.

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