Will Segro turn, or will it continue to rise to Jul highs of 679p?

• Shares +13% from Dec lows with breakout above 641p
• Now trading 651p (at the time of writing)
• Will the positive momentum continue towards 679p?
• Shares -5.8% from 2018 highs; +17.7% from 2018 lows; +10.6% year-to-date.
• 26 Oct: Segro exits Belgium with sale of JV warehouses
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Segro – 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 Segro using a CFD, at the current price of 651p. To do this, you need £2,000.

Let’s assume the Segro trend continues to Jul highs of 679p (+4.3%). Your profit would be £430, 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. Segro 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.