Will Coca Cola HBC turn, or will it to continue to fresh record highs?

• Bullish breakout above 2762p to trade record highs of 2865p  (at time of writing).
• The ‘trend is your friend’. Will it continue towards 3000p?
• Shares -0.0% from 2019 highs; +18.5% from 2019 lows; +16.9% year-to-date.
• 2 May: CCH reports strong first quarter
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Coca Cola HBC – An Example

Let’s say the breakout appeals to you, you think it’s likely to continue to 3000p . You decide to buy exposure to £10,000 worth of Coca Cola HBC using a CFD, at the current price 2865p (at time of writing). To do this, you need £2,000.

Let’s assume the Coca Cola HBC trend continues upwards to a new record highs of 3000p (+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. Coca Cola HBC 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.