Will NMC Health break support, or will it rise back to 3012p?

• 2531-3012p range since Christmas, trading off the floor of the range
• Now trades 2675p (at time of writing)
• Will the pattern repeat itself, testing previous 3012p March highs?
• Shares -11.8% from 2019 highs; +9.4% from 2019 lows; -2.85% year to date
• 7 Mar: HSBC says NMC Health is in good shape and keeps a “Buy” rating.
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading NMC Health – An Example

Let’s say you like the range, you think it’s heading back towards 3012p again. You decide to buy exposure to £10,000 worth of NMC Health using a CFD, at the current price of 2675p. To do this, you need £2,000.

Let’s assume NMC Health rises to 3012p (+12.5%). Your profit would be £1250, 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. NMC Health 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.