Halma
Is this trend a good trading opportunity?
Will Halma turn, or will it continue to rise towards a new all time high at 2000p?
- Shares +32% from January lows; Now 1811p (at the time of writing).
- Will the positive momentum take them to new all time highs at 2000p?
- Shares -0.1% from 2019 highs; +38.4% from 2019 lows; +32.8% year-to-date.
- 21 Mar: Halma’s latest trading update was very solid, but largely expected, says Jefferies
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
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 1811p. To do this, you need £2,000.
Let’s assume the Halma trend continues to new all time highs of 621p (+10%). Your profit would be £1000, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. Halma falls 3% and hits your stop-loss. Your loss would be £300.
This is provided for information purposes only. It should not be taken as a recommendation.