Will CYBG continue falling, or will it recover to 210p recent highs?

• CYBG shares -11.45% from last week’s highs; bounced +1.9% from lows.
• 4 Mar: Bell Potter says CYBG’s still heading to meet its 2019 guidance.
• Now trades 188p (at time of writing).
• Shares -10.3% from 2019 highs; +9.6% from 2019 lows; +4% year-to-date.
• Can the stock recover to recent highs?
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading CYBG – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 210p recent highs. You decide to buy exposure to £10,000 worth of CYBG using a CFD, at the current price of 188p. To do this, you need £2,000.

Let’s assume CYBG recovers back to 210p recent highs (+11.7%). Your profit would be £1170, 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. CYBG 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.