Will easyJet continue falling, or will it recover to recent 1043p highs?

• Shares down 14% from recent highs; -27% from April’s peak
• Currently at 907p. (at the time of writting)
• Can the stock rally 14% to recent 1043p highs
• Shares -33.6% from 2019 highs, +1.2% from 2019 lows, -17.8% year-to-date.
• 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 1043p. You decide to buy exposure to £10,000 worth of easyJet using a CFD, at the current price of 907p. To do this, you need £2,000.

Let’s assume easyJet recovers back to 1043p (+14.9%). Your profit would be £1490, 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.