Will Standard Life Aberdeen continue falling, or will it rise again back to 272p January highs?

• Standard Life Aberdeen shares -10.9% in late Jan, early Feb
• Shares rebounding +2.7% from Feb lows in the last few days.
• Positive market sentiment is helping the financial services recover.
• Now trades 248p (at time of writing).
• Shares -9.2% from 2019 highs; +1.9% from 2019 lows; -2.8% year-to-date.
• Can the stock recover to recent highs?
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Standard Life Aberdeen – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 272p recent highs. You decide to buy exposure to £10,000 worth of Standard Life Aberdeen using a CFD, at the current price of 248p. To do this, you need £2,000.

Let’s assume Standard Life Aberdeen recovers back to 272p January highs (+9.6%). Your profit would be £960, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 4% from the current price. Standard Life Aberdeen falls 4% and hits your stop-loss. Your loss would be £400.

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