Will LSE turn, or will it continue to rise towards new all time highs at 5800p highs?

• Shares +10% from April lows; Now 5255p (at the time of writing).
• Will the positive momentum take them to new all time highs of 5800p?
• Shares at 2019 highs; +31.1% from 2019 lows; +29.3% 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 5255p. To do this, you need £2,000.

Let’s assume the LSE trend continues to new all time highs at 5800p (+10.3%). Your profit would be £1030, 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. LSE 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.