Will Hammerson turn, or will it continue to rise to Sept ’18 highs of 470p?

• Shares +26% since the beginning of 2019.
• Broken above falling highs at 383p today.
• Now trading 388p (at the time of writing).
• Will the positive momentum continue towards 470p?
• Shares -1.9% from 2019 highs; +24% from 2019 lows; +18% year-to-date.
• 25 Jan: Hammerson’s earnings beat forecasts according to RBS Capital Markets.
• 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 388p. To do this, you need £2,000.

Let’s assume the Hammerson trend continues to Sept ’18 highs of 470p (+21.1%). Your profit would be £2110, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 8% from the current price. Hammerson falls 8% and hits your stop-loss. Your loss would be £800.

This is provided for information purposes only. It should not be taken as a recommendation.