Will Imperial Brands turn, or will it maintain momentum to 2650p highs?

• Shares +9.8% from recent lows after a near 30% decline 
• Now trading 2035p (at the time of writing).
• Will the positive momentum continue towards 2650p highs?
• Shares -25.1% from 2019 highs; +9.2% from 2019 lows; -14.5% year-to-date.
• 29 May: Imperial Brands sees market-share gains in US
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Imperial Brands – 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 Imperial Brands using a CFD, at the current price of 2035p. To do this, you need £2,000.

Let’s assume Imperial Brands trend continues to 2650p highs (+30%). Your profit would be £3000, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 5% below the current price. Imperial Brands 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.