Will Aston Martin continue falling, or will it recover to March levels of 1190p?

• Aston Martin is down 30% from Feb highs.
• Today (8th April) it was downgraded to hold by Deutsche Bank
• Shares -30% from 2019 highs; +1.5% from 2019 lows; +30% year-to-date.
• Can the stock recover March levels of 1190p?
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Aston Martin – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 1190p highs. You decide to buy exposure to £10,000 worth of Aston Martin using a CFD, at the current price of 977p. To do this, you need £2,000.

Let’s assume Aston Martin recovers back to 1190p highs (+30%). Your profit would be £3,000, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 10% from the current price. Aston Martinfalls 10% and hits your stop-loss. Your loss would be £1,000.

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