British Land
Is this trend a good trading opportunity?
Will British Land turn, or will it continue to rise to November highs of 644p?
- Shares +15% since early Jan.
- Now trading 597p (at the time of writing).
- Will the positive momentum continue towards 644p?
- Shares -0.3% from 2019 highs; +14.8% from 2019 lows; +12% year-to-date.
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading British Land – 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 British Land using a CFD, at the current price of 597p. To do this, you need £2,000.
Let’s assume the British Land trend continues to November highs of 644p (+7.8%). Your profit would be £780, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 4% from the current price. British Land falls 4% and hits your stop-loss. Your loss would be £400.
This is provided for information purposes only. It should not be taken as a recommendation.