Will Whitbread continue falling, or will it recover to 4779p highs (+4.7%) ?

• Shares -5.8% from recent highs; bounced off rising support
• Now 4565p (at time of writing).
• Can the stock recover recent 4779p highs (+4.7%)?
• Shares -11.9% from 2019 highs; +2.4% from 2019 lows; -0.7% year-to-date.
• 19 Jun: Citigroup says Q1 falls short, may become takeover target
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Whitbread – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 4779p. You decide to buy exposure to £10,000 worth of Whitbread using a CFD, at the current price of 4565p. To do this, you need £2,000.

Let’s assume Whitbread recovers back to 4779p highs (+4.7%). Your profit would be £470, 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. Whitbread 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.