Will Hammerson turn, or will it continue to rise to Nov highs of 423p?

• Shares +18% from Dec lows with breakout above 359p
• Now trading 370p (at the time of writing)
• Will the positive momentum continue towards 423p?
• Shares -37.5% from 2018 highs; +15.2% from 2018 lows; +12.8% year-to-date.
• 29 Nov: Completes £236m sale of 50% stake in Highcross shopping centre, Leicester
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Hammerson– 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 Hammerson using a CFD, at the current price of 370p. To do this, you need £2,000.

Let’s assume the Hammerson trend continues to Nov highs of 423p (+14.3%). Your profit would be £1430, 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. Hammerson 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.