Will LSE turn, or will it continue to rise towards new all time highs at 5400p highs?

• Shares +14.3% from March lows; Now 5151p (at the time of writing).
• Will the positive momentum take them to new all time highs of 5400p?
• Shares -0.6% from 2019 highs; +28.6% from 2019 lows; +26.9% year-to-date.
• 1 May: LSE delivered first-quarter results in line with expectations despite a slight miss for its Information-Services unit, Citi says
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading LSE– 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 LSE using a CFD, at the current price of 5151p. To do this, you need £2,000.

Let’s assume the LSE trend continues to new all time highs at 5400p (+4.8%). Your profit would be £480, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 2% from the current price. LSE falls 2% and hits your stop-loss. Your loss would be £200.

This is provided for information purposes only. It should not be taken as a recommendation.