Will Standard Life Aberdeen turn, or will it continue to march upwards beyond recent high of 274p?

• The chart shows the Standard Life Aberdeen price action since late November.
• Shares in a weeklong uptrend from 219p recent lows; now at 251p.
• Shares -44.5% from 2018 highs; +12.8% from 2018 lows; -42.5% year-to-date.
• 12 Dec: Brokers at Jefferies say Standard Life Aberdeen’s core business and platforms are being undervalued by investors and remain a ‘value play’.
• In the past week, the shares have risen over 11%. Will this momentum continue?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading Standard Life Aberdeen – 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 Standard Life Aberdeen using a CFD, at the current price of 251p. To do this, you need £2,000.

Let’s assume Standard Life Aberdeen trend continues to late November high of 274p (+9.1%). Your profit would be £910, 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. Standard Life Aberdeen 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.