Will Halma turn, or will it continue to rise to 1900p new record highs?

• Shares +24% in 2 months.
• Shares trading just off all-time highs.
• Now trading 1699p (at the time of writing).
• Will the positive momentum continue to 1900p new record highs?
• Shares -0.5% from 2019 highs; +29.9% from 2019 lows; +24.6% year-to-date.
• 21 Mar: Electric equipment maker reported profit in-line with expectations
• 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 1699p. To do this, you need £2,000.

Let’s assume the Halma trend continues to 1900p new record highs (+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 4% from the current price. Halma 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.