Will AJ Bell continue falling, or will it recover to 473p highs?

• Rising support since Dec; 4 bounces
• Shares -22% from April highs; Bounce off 367p support.
• Now trading 377p (at time of writing)
• Will the pattern repeat itself, rising back to recent highs of 473p (+25%)
• Shares at -21.9% from 2019 highs; +66.7% from 2019 lows; +56.5% year-to-date.
• 26 Apr: AJ Bell sees H1 Results ahead of market view on asset growth
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading AJ Bell – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 473p . You decide to buy exposure to £10,000 worth of AJ Bell using a CFD, at the current price of 377p. To do this, you need £2,000.

Let’s assume AJ Bell recovers back to 473p highs (+25%). Your profit would be £2500 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. AJ Bell 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.