Will Land Securities turn, or will it continue to rise towards 999p?

• Breakout above 915p; Now trading 932p (at time of writing).
• Could they recover to prior highs of 999p?
• Shares -0.4% from 2019 highs; +18.9% from 2019 lows; +15.9% year-to-date
• 22 Jan: Land Securities unveils flexible-office brand
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Land Securities – An Example

Let’s say the breakout appeals to you, you think it’s likely to continue towards 999p. You decide to buy exposure to £10,000 worth of Land Securities using a CFD, at the current price of 932p. To do this, you need £2,000.

Let’s assume the Land Securities trend continues to highs of 999p (+7.1%). Your profit would be £710, 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 breaks lower, falling 3% and it hits your stop-loss. Your loss would be £300.

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