Will Dixons Carphone turn, or will it continue to rise to 150p highs?

• Shares +13% in a week after 26% sell-off ; Now 125p (at the time of writing).
• Will the positive momentum take them back to 1366p highs?
• Shares -19.9% from 2019 highs; +12.5% from 2019 lows; -4.1% year-to-date
• 11 April: Dixons Carphone well-set if margins improve says Barclays
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Dixons Carphone – 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 Dixons Carphone using a CFD, at the current price of 125p. To do this, you need £2,000.

Let’s assume the Dixons Carphone trend continues to 150p highs (+20%). Your profit would be £2,000, 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. Dixons Carphone 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.