Will Experian turn, or will it to continue higher make a fresh record of 2500p?

• Bullish breakout above 2238p to trade record highs of 2276p  (at time of writing).
• The ‘trend is your friend’. Will it continue towards 2500p?
• Shares -0.3% from 2019 highs; +26.5% from 2019 lows; +19.5% year-to-date.
• 15 May: Dividend +4%, new $400m buyback programme
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading Experian – An Example

Let’s say the breakout appeals to you, you think it’s likely to continue to 2500p . You decide to buy exposure to £10,000 worth of Experian using a CFD, at the current price 4743p (at time of writing). To do this, you need £2,000.

Let’s assume the Experian trend continues upwards to a new record highs of 2500p (+9.8%). Your profit would be £980, 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. Experian breaks lower, falling 3% and it hits your stop-loss. Your loss would be £300.

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