Games Workshop
Is this trend a good trading opportunity?
Will Games Workshop turn, or will it continue to rise to new all time highs?
- Shares +11.3% from recent low
- Now trading 4454p (at the time of writing)
- Will the positive momentum continue to new all time highs of 5000p?
- Shares -0.7% from 2019 highs; +59.8% from 2019 lows; +46.4% year-to-date
- 12 April: Games Workshop’s Intellectual Property Is an Ace Up Its Sleeve: Edison
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Games Workshop – An Example
Let’s say the trend appeals to you, you think it’s likely to continue towards 5000p. You decide to buy exposure to £10,000 worth of Games Workshop using a CFD, at the current price of 4454p. To do this, you need £2,000.
Let’s assume the Games Workshop trend continues to 5000p (+12.2%). Your profit would be £1160, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 4% from the current price. Games Workshop falls 4% and hits your stop-loss. Your loss would be £400.
This is provided for information purposes only. It should not be taken as a recommendation.