Will British Land break support, or will it rise again back to 590p (+6.8%)?

• 525-590p range; Breakout; Now 552p (at time of writing)
• Will the pattern repeat itself, rising back to 590p (+6.8%)?
• Shares -10.3% from 2019 highs; +6.4% from 2019 lows; +3.8% year-to-date
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading British Land – An Example

Let’s say you like the range, you think it’s heading back towards 590p again. You decide to buy exposure to £10,000 worth of British Land using a CFD, at the current price of 552p. To do this, you need £2,000.

Let’s assume British Land recovers back to 590p (+6.8%). Your profit would be £680, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. British Land falls 3% and hits your stop-loss. Your loss would be £300.

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