Will Savills turn, or will it continue to rise towards 1043p?

• Breakout above Jan-Jun ’18 falling trendline at 859p.
• Now trading at 880p (at time of writing).
• Shares trading at 2019 highs; +27.4% from 2019 lows; +24.6% year-to-date
• 15 Jan: Real estate agent sees revenue and profit growth in 2019.
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Savills – An Example

Let’s say the breakout appeals to you, you think it’s likely to continue towards 1043p. You decide to buy exposure to £10,000 worth of Savills  using a CFD, at the current price of 880p. To do this, you need £2,000.

Let’s assume the Savills  trend continues to 2018 highs of 1043p (+18.5%). Your profit would be £1850, 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. Savills  breaks lower, falling 6% and it hits your stop-loss. Your loss would be £600.

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