Will easyJet continue falling, or will it recover to April 1223p highs?

• easyJet is down 16% since April highs
• Currently at 1042p. (at the time of writting)
• Can the stock recover 17.3% to 1223p
• Shares -23.6% from 2019 highs, +4.6% from 2019 lows, -5.4% year-to-date.
• 11th April. Airlines rally after Brexit delay.
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading easyJet – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 1223p. You decide to buy exposure to £10,000 worth of easyJet using a CFD, at the current price of 1042p. To do this, you need £2,000.

Let’s assume easyJet recovers back to 1223p (+17.3%). Your profit would be £1730, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 5% from the current price. easyJet falls 5% and hits your stop-loss. Your loss would be £500.

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