Will Just Group continue falling, or will it recover to 69p May highs?

• Just Group shares -28% since early May.
• Now trades 59p (at time of writing).
• 16 May: Just Group 1Q Sales Fell; Expects Some Recovery in 2Q
• Shares -45.5% from 2019 highs; +4.3% from 2019 lows; -34.8% year-to-date.
• Can the stock recover to recent May highs of 69p?
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Just Group – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 69p. You decide to buy exposure to £10,000 worth of Just Group using a CFD, at the current price of 59p. To do this, you need £2,000.

Let’s assume Just Group recovers back to 110p March highs (+16.9%). Your profit would be £1690, 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. Just Group 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.