Britvic
Is this trend a good trading opportunity?
Will Britvic turn, or will it continue rising to 1000p all-time highs?
- Shares +19.8% since Christmas
- Shares trade all-time highs.
- Now trading 932p (at the time of writing).
- Will the positive momentum continue towards 1000p all-time highs?
- Shares trade at 2019 highs; +17.5% from 2019 lows; +16.7% year-to-date.
- 4 Feb: Edison Investment Research says Britvic delivered a steady start to 2019.
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Britvic – 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 Britvic using a CFD, at the current price of 932p. To do this, you need £2,000.
Let’s assume the Britvic trend continues to 1000p all-time highs (+7.2%). Your profit would be £720, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. Britvic falls 3% and hits your stop-loss. Your loss would be £300.
This is provided for information purposes only. It should not be taken as a recommendation.