Will Land Securities turn, or will it continue to rise towards 937p (+8.8%)?

• Breakout above 853p; Now trading 861p (at time of writing).
• Could they recover to prior highs of 937p (+8.8%)?
• Shares -8.3% from 2019 highs; +9.9% from 2019 lows; +7.2% year-to-date
• 7 Jun: Barron’s says LAND is a REIT that could rebound on new UK develpoment
• 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 towards 937p. You decide to buy exposure to £10,000 worth of Land Securities using a CFD, at the current price of 861p. To do this, you need £2,000.

Let’s assume the Land Securities trend continues to highs of 937p (+8.8%). Your profit would be £880, 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. Land Securities 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.