Will Segro turn, or will it continue to rise towards Jan 2008 highs of 760p (+4.5%)

• Breakout above 721p to trade 10.5yr highs of 727p (at time of writing).
• The ‘trend is your friend’. Will it continue towards 760p highs of Jan 2008?
• Shares -0.3% from 2019 highs; +25.9% from 2019 lows; +23.6 year-to-date
• 17 Jun: Segro to benefit from online retailers needing logistics space says Citi
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Segro – An Example

Let’s say the breakout appeals to you, you think it’s likely to continue towards 760p. You decide to buy exposure to £10,000 worth of Segro using a CFD, at the current price of 727p. To do this, you need £2,000.

Let’s assume the Segro trend continues to 2008 highs of 760p (+4.5%). Your profit would be £450, 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 breaks lower, falling 2% and it hits your stop-loss. Your loss would be £200.

This is provided for information purposes only. It should not be taken as a recommendation.