Will AJ Bell turn, or will it continue to rise towards new all time highs at 550p highs?

• Shares +40% from April lows; Now 460p (at the time of writing).
• Will the positive momentum take them to new all time highs of 550p?
• Shares -2% from 2019 highs; +103.8% from 2019 lows; +91.3% year-to-date.
• 1 May: AJ Bell delivered first-quarter results in line with expectations despite a slight miss for its Information-Services unit, Citi says
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading AJ Bell– 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 AJ Bell using a CFD, at the current price of 460p. To do this, you need £2,000.

Let’s assume the AJ Bell trend continues to new all time highs at 550p (+19.5%). Your profit would be £1950, 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. AJ Bell 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.