Will Taylor Wimpey continue falling, or will it recover to 167p?

• Shares -19.6% from April highs; Bounced 2% from lows
• Now trading 157p (at time of writing).
• Can the stock close the gap and recover to 167p (+6.3%)?
• Shares -18.1% from 2019 highs, +17.7% from 2019 lows; +15.8% year-to-date.
• 7 Jun: Taylor Wimpey no longer a Sell, says Shore Capital
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Taylor Wimpey – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 167p. You decide to buy exposure to £10,000 worth of Taylor Wimpey using a CFD, at the current price of 157p. To do this, you need £2,000.

Let’s assume Taylor Wimpey recovers back to 167p (+6.3%). Your profit would be £630, 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. Taylor Wimpey rises 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.