Will Halma turn, or will it continue to rise to new all-time highs at 1800p?

• Shares +32.6% since mid-October.
• Trading all-time highs.
• Now trading 1609p (at the time of writing).
• Will the positive momentum continue towards new all-time highs at 1800p?
• Shares -0.25% from 2019 highs; +23% from 2019 lows; +18% year-to-date.
• Halma is a UK safety, health and environmental technology group.
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Halma – 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 Halma using a CFD, at the current price of 1609p. To do this, you need £2,000.

Let’s assume the Halma trend continues to new all-time highs at 1800p (+11.8%). Your profit would be £1180, 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. Halma 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.