Segro
A range trading opportunity for you?
Will Segro break support, or will it rise back to 720p? (+4.6)
- Rising range 685-720; Now 688p (at time of writing)
- Will the pattern repeat itself, rising back to 720p?
- Shares -4.6% from 2019 highs; +19.2% from 2019 lows; +17% year-to-date.
- 17 Apr: Segro benefits from high industrial real-estate demand says Liberum
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Click to enlarge
Trading Segro – An Example
Let’s say you like the range, you think it’s heading back towards 720p again. You decide to buy exposure to £10,000 worth of Segro using a CFD, at the current price of 688p. To do this, you need £2,000.
Let’s assume Segro rises to 720p (+4.6%). Your profit would be £460, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 2% from the current price. Segro falls 2% and hits your stop-loss. Your loss would be £200.
This is provided for information purposes only. It should not be taken as a recommendation.