Will Superdry continue falling, or will it recover to last week’s levels of 575p

• Superdry is down 22% from last week’s highs.
• Yesterday (8th April) Peter Williams was appointed Chair of Nomination Committee
• Shares -22% from 2019 highs; +2% from 2019 lows; -70% year-to-date.
• Can the stock recover last week’s levels of 575p
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Superdry – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 575p highs. You decide to buy exposure to £10,000 worth of Superdry using a CFD, at the current price of 447p. To do this, you need £2,000.

Let’s assume Superdry recovers back to 575p highs (+22%). Your profit would be £2,200, 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. Superdry falls 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.