Will British Land turn, or will it continue to rise towards 701p?

• Breakout above 588p, beyond recent highs and May falling highs
• Now trading 598p (at time of writing). Will the shares rally back to prior highs?
• Shares -0.1% from 2019 highs; +15.1% from 2019 lows; +12.3% year-to-date
• 26 Feb: UK property names strong amid Brexit optimism
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading British Land – An Example

Let’s say the breakout appeals to you, you think it’s likely to continue towards 701p. You decide to buy exposure to £10,000 worth of British Land using a CFD, at the current price of 598p. To do this, you need £2,000.

Let’s assume the British Land trend continues to highs of 701p (+17%). Your profit would be £1700, 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. British Land breaks lower, falling 5% and it hits your stop-loss. Your loss would be £500.

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