Land Securities
Is this trend a good trading opportunity?
Will Land Securities turn, or will it continue to rise to summer ’18 highs of 965p?
- Shares +15% since early Jan.
- Broken above falling highs at 873p
- Now trading 907p (at the time of writing).
- Will the positive momentum continue towards 956p?
- Shares trading at 2019 highs; +15.7% from 2019 lows; +12.8% year-to-date.
- 22 Jan: Property company expects profit this year +85% YoY.
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Land Securities – 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 Land Securities using a CFD, at the current price of 907p. To do this, you need £2,000.
Let’s assume the Land Securities trend continues to summer ’18 highs of 965p (+6.4%). Your profit would be £640, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. Land Securities 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.