Will Unilever turn, or will it to continue higher make a fresh record of 5000p?

• Bullish breakout above 4667p to trade record highs of 4743p  (at time of writing).
• The ‘trend is your friend’. Will it continue towards 5000p?
• Shares -0.1% from 2019 highs; +15.5% from 2019 lows; +3% year-to-date.
• 3 May: Credit Suisse is undervalued according to Credit Suisse
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Unilever – An Example

Let’s say the breakout appeals to you, you think it’s likely to continue to 5000p . You decide to buy exposure to £10,000 worth of Unilever using a CFD, at the current price 4743p (at time of writing). To do this, you need £2,000.

Let’s assume the Unilever trend continues upwards to a new record highs of 5000p (+5.4%). Your profit would be £540, 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. Unilever 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.