Will Land Securities turn, or will it continue to rise to April highs of 999p?

• Breakout above 884p to trade 893p  (at time of writing).
• The ‘trend is your friend’. Will it continue towards 999p?
• Shares -13.0% from 2018 highs; +12.9% from 2018 lows; +11.0% year-to-date.
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Land Securities – An Example

Let’s say the breakout appeals to you, you think it’s likely to continue to 999p . You decide to buy exposure to £10,000 worth of Land Securities using a CFD, at the current price 893p (at time of writing). To do this, you need £2,000.

Let’s assume the Land Securities trend continues upwards to 999p April highs (+11.9%). Your profit would be £1190, 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. Land Securities 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.