Will Hargreaves Lansdown turn, or will it continue to rise to 2281p Oct highs?

• Shares +17.3% from recent bounce
• Now trading 2040p (at the time of writing)
• Will the positive momentum continue to 2281p?
• Shares -0.8% from 2019 highs; +25.6% from 2019 lows; +10.3% year-to-date
• Revival of risk appetite and rising equities is helping asset managers
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading Hargreaves Lansdown – An Example

Let’s say the trend appeals to you, you think it’s likely to continue towards 2281p. You decide to buy exposure to £10,000 worth of Hargreaves Lansdown using a CFD, at the current price of 2040p. To do this, you need £2,000.

Let’s assume the Hargreaves Lansdown trend continues to 2281p (+11.8%). Your profit would be £1180, 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. Hargreaves Lansdown 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.