Land Securities
Is this trend a good trading opportunity?
Will Land Securities turn, or will it continue to rise beyond 866p?
- The chart shows Land Securities price action over the past 3 weeks .
- Shares +6.6% from recent 5.5yr lows. Will this momentum continue?
- Shares -15.5% from 2018 highs; +7.1% from 2018 lows; -14.9% year-to-date.
- 5 Oct: UK Commercial property stocks rise on potential bid for INTU
- Source: Bloomberg, FT, Reuters, DJ Newswires
Trading Land Securities – 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 Land Securities using a CFD, at the current price of 858p. To do this, you need £2,000.
Let’s assume the Land Securities trend continues to September highs of 899p (+4.7%). Your profit would be £470, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. Land Securities falls 3% and hits your stop-loss. Your loss would be £300.
This is provided for information purposes only. It should not be taken as a recommendation.