Tesco reports Full Year Results on Weds, 10 April

• Last time Tesco reported: Q3/Xmas Trading, 10 Jan.
• The shares rose as much as 3.3% with a daily range of 6.9p or 3.3%
• Shares -1.3% from 2019 highs; +25.5% from 2019 lows; +24.2% year-to-date.
• Currently 236p (at time of writing).
• Could we see another big share price move on Wednesday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Tesco – An Example

Let’s say you think that Tesco results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Tesco using CFDs, at the current price of 236p. To do this, you need £2,000.

For the purpose of this example, let’s assume Tesco reports strong results and the shares rise 10%. Your profit would be £1000, from your initial investment of £2,000.

Conversely, let’s assume you open the position, and place a stop-loss 3% below the current price. Tesco results miss, it falls 3% and hits your stop-loss. Your loss would be £300.

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