Domino’s UK & IRL
Is this trend a good trading opportunity?
Will Domino’s Pizza turn, or will it continue to rise towards November’s 301p highs?
- Shares trading close to 2019 highs; +17.6% from 2019 lows; +17.5% year-to-date.
- Shares have rallied over 25% since Christmas.
- Now trading at 273p (at the time of writing)
- 10 Jan: Shares upgraded from Sell to Neutral by brokers at UBS
- Will the strong positive momentum continue?
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
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Trading Domino’s Pizza – 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 Domino’s Pizza using a CFD, at the current price of 273p. To do this, you need £2,000.
Let’s assume the Domino’s Pizza trend continues to November’s 301p highs (+10.2%). Your profit would be £1020, 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. Domino’s Pizza 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.