WANDisco
A trading opportunity for you?
Will WANDisco continue falling, or will it recover Friday’s 520p (+16%)?
- Shares fell 16% today; Now trading 445p (at time of writing).
- Can the stock recover to Friday’s 520p (+16%)?
- Will the shares close the gap?
- Shares -48.1% from 2019 highs; +2.4% from 2019 lows; -7.7% year-to-date.
- 24 June: Shares reacting to negative Sunday Times article
- Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal
Trading WANDisco – An Example
Let’s say you feel that the stock is a bargain and you think could bounce back towards 520p highs. You decide to buy exposure to £10,000 worth of WANDisco using a CFD, at the current price of 445p. To do this, you need £2,000.
Let’s assume WANDisco recovers back to 520p highs (+16%). Your profit would be £1600, 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. WANDisco 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.