Will Tritax Big Box turn, or will it continue to rise towards 157p?

• Breakout above 141p, beyond recent highs and May falling highs
• Now trading 143p (at time of writing). Will the shares rally back to prior highs?
• Shares -0.3% from 2019 highs; +9.7% from 2019 lows; +8.6% year-to-date
• 26 Feb: UK property names strong amid Brexit optimism
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading Tritax Big Box – An Example

Let’s say the breakout appeals to you, you think it’s likely to continue towards 157p. You decide to buy exposure to £10,000 worth of Tritax Big Box using a CFD, at the current price of 143p. To do this, you need £2,000.

Let’s assume the Tritax Big Box trend continues to highs of 157p (+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. Tritax Big Box 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.