Will AG Barr turn, or will it continue to rise towards 1100p?

• Shares +19.6% from recent lows; Broken above 900p.
• Now trading 956p (at the time of writing).
• Will the positive momentum continue towards 1100p?
• Shares -0.7% from 2019 highs; +31.2% from 2019 lows; -21.2% year-to-date.
• Shares risen lately on hopes of new Energy drink product launch
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading AG Barr – An Example

Let’s say the trend appeals to you, you think it’s likely to continue. You decide to buy exposure to £10,000 worth of AG Barr using a CFD, at the current price of 956p. To do this, you need £2,000.

Let’s assume the AG Barr trend continues to 1100p (+15%). Your profit would be £1500, 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. AG Barr falls 5% and hits your stop-loss. Your loss would be £500.

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