Land Securities
Is this trend a good trading opportunity?
Will Land Securities turn, or will it continue to rise to 2018 highs of 1012p?
- Shares +19.4% since early Jan.
- Now trading 935p (at the time of writing).
- Will the positive momentum continue towards 1012p?
- Shares trading at 2019 highs; +19.2% from 2019 lows; +16.2% year-to-date.
- 22 Jan: Property company expects profit this year +85% YoY.
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
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 935p. To do this, you need £2,000.
Let’s assume the Land Securities trend continues to 2018 highs of 1012p (+8.2%). Your profit would be £820, 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.