Will NMC Health turn, or will it rise back to 3012p Jan highs?

• Shares +11.1% since last week.
• Now trading 2787p (at the time of writing).
• Will the positive momentum continue towards 3012p Jan highs?
• Shares -8.7% from 2019 highs; +9.8% from 2019 lows; +2% year-to-date.
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading NMC Health – 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 NMC Health using a CFD, at the current price of 2787p. To do this, you need £2,000.

Let’s assume NMC Health  trend continues to 3012p January highs (+8%). Your profit would be £800, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 3% below the current price. NMC Health  falls 3% and hits your stop-loss. Your loss would be £300.

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