Will Hargreaves Lansdown turn, or will it continue to rise to new all time highs?

• Shares +7.4% from recent bounce
• Now trading 2391p (at the time of writing)
• Will the positive momentum continue to new all time highs of 2700p?
• Shares -0.6% from 2019 highs; +47.2% from 2019 lows; +29.3% year-to-date
• 15 May: Higher Assets Under Administration Prompted Growth in Net Revenue
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Hargreaves Lansdown – An Example

Let’s say the trend appeals to you, you think it’s likely to continue towards 2700p. You decide to buy exposure to £10,000 worth of Hargreaves Lansdown using a CFD, at the current price of 2391p. To do this, you need £2,000.

Let’s assume the Hargreaves Lansdown trend continues to 2700p (+12.9%). Your profit would be £1290, 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. Hargreaves Lansdown 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.