Unilever
Is this trend a good trading opportunity?
Will Unilever turn, or will it continue to rise towards 5000p all-time highs?
- Shares +17% from March lows; Now 4610p (at the time of writing).
- Will the positive momentum take them to fresh all-time highs of 5000p?
- Shares -0.7% from 2019 highs; +18% from 2019 lows; +12.2% year-to-date.
- 18 Apr: Emerging Markets drive Consumer Goods sales at Unilever
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Unilever – An Example
Let’s say the trend appeals to you, you think it’s likely to continue. You decide to buy exposure to £10,000 worth of Unilever using a CFD, at the current price of 4610p. To do this, you need £2,000.
Let’s assume the Unilever trend continues to 5000p all-time highs (+8.4%). Your profit would be £840, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. Unilever 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.