Will NMC Health turn, or will it rise back to 3765p Nov. highs?

• Shares +35% since March lows.
• Now trading 2841p (at the time of writing).
• Will the positive momentum continue towards 3765p Nov. highs?
• Shares -5.8% from 2019 highs; +34.6% from 2019 lows; +3.8% year-to-date
• 28 Mar: Barclays says NMC Health is an ‘Attractive Buying Opportunity’
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading NMC Health – An Example

Let’s say the trend appeals to you, you think it’s likely to continue towards 3765p. You decide to buy exposure to £10,000 worth of NMC Health using a CFD, at the current price of 2841p. To do this, you need £2,000.

Let’s assume NMC Health  trend continues to 3765p Nov. highs (+32.5%). Your profit would be £3250, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 5% from the current price. NMC Health  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.