Will William Hill continue falling, or will it recover to 190p?

• William Hill shares -9%; bounced +0.4% up from 171p support
• Now trades 172.4p (at time of writing).
• Shares falling after bookmaker reported a loss and cut dividend.
• Shares -9.8% from 2019 highs; +13.5% from 2019 lows; +10.8% year-to-date.
• Can the stock recover to recent highs?
• 1 Mar: Barclays says the positive key to results is the unchanged guidance.
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading William Hill – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 190p. You decide to buy exposure to £10,000 worth of William Hill using a CFD, at the current price of 172.4p. To do this, you need £2,000.

Let’s assume William Hill recovers back to 190p (+10.2%). Your profit would be £1020, 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. William Hill 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.