Will Hargreaves Lansdown turn, or will it continue to rise back to 2400p (+17.8%)?

• Shares +11.3% from recent lows; Now trading 2038p (at the time of writing)
• Will the positive momentum continue back to 2400p (+17.8%)?
• Shares -16.7% from 2019 highs; +25.5% from 2019 lows; +10.2% year-to-date
• Shares recovering from Woodford woes
• 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 2400p. You decide to buy exposure to £10,000 worth of Hargreaves Lansdown using a CFD, at the current price of 2038p. To do this, you need £2,000.

Let’s assume the Hargreaves Lansdown trend continues to 2400p (+17.8%). Your profit would be £1780, 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. Hargreaves Lansdown 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.