Will NMC continue falling, or will it recover to 2697p recent highs?

• NMC shares fell as low as -21% from last week’s highs.
• Shares fell due to increased interest from short sellers.
• Already bounced +6% from this week’s lows.
• Now trades 2235p (at time of writing).
• Shares -25.8% from 2019 highs; +6% from 2019 lows; -18.3% year-to-date.
• Can the stock recover to recent highs?
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading NMC Health  – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 2697p. You decide to buy exposure to £10,000 worth of NMC using a CFD, at the current price of 2235p. To do this, you need £2,000.

Let’s assume NMC recovers back to 2697p recent highs (+20.6%). Your profit would be £2060, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 5% from the current price. NMC falls 5% and hits your stop-loss. Your loss would be £500.

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