Will Coca-Cola HBC turn, or will it continue to rise to new all time highs?

• Shares +5.8% from recent bounce
• Now trading 2866p (at the time of writing)
• Will the positive momentum continue to new all time highs of 3200p?
• Shares -0.1% from 2019 highs; +18.4% from 2019 lows; +16.7% year-to-date
• 2 May: Q1 Trading Update: Strong performance across all segments delivered FX-neutral revenue growth of 4.7%.
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Coca-Cola HBC – An Example

Let’s say the trend appeals to you, you think it’s likely to continue towards 3200p. You decide to buy exposure to £10,000 worth of Coca-Cola HBC using a CFD, at the current price of 2866p. To do this, you need £2,000.

Let’s assume the Coca-Cola HBC trend continues to 3200p (+11.6%). Your profit would be £1160, 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. Coca-Cola HBC 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.