Will Capital & Counties turn, or will it continue to beyond summer high of 293p?

• The chart shows the Capital & Counties price action since mid-October.
• Shares in a 3-week uptrend from 234p October lows; now at 275p.
• Shares -16.1% from 2018 highs; +14.6% from 2018 lows; -13.9% year-to-date.
• 5 Nov: Capital & Counties mulls proposals for Earls Court, as it continues to prepare for possible de-merger.
• In the past week, the shares have risen over 11%. Will this momentum continue?
• Source: Bloomberg, FT, Reuters, DJ Newswires

Click to enlarge

Trading Capital & Counties – 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 Capital & Counties using a CFD, at the current price of 275p. To do this, you need £2,000.

Let’s assume Capital & Counties trend continues to summer high of 293p (+6.5%). Your profit would be £650, 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. Capital & Counties 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.