Will Aston Martin turn, or will it continue to rise to 1366p highs?

• Shares +15% in 3 days; +25% from May lows; 
• Breakout from falling channel; Now 992p (at the time of writing).
• Will the positive momentum take them back to 1366p highs?
• Shares -27.8% from 2019 highs; +25.6% from 2019 lows; -18.9% year-to-date
• 5 Jun: Redburn starts coverage with a Buy rating
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Aston Martin – 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 Aston Martin using a CFD, at the current price of 992p. To do this, you need £2,000.

Let’s assume the Aston Martin trend continues to 1366p highs (+37%). Your profit would be £3,700, 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. Aston Martin 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.