Will Standard Life Aberdeen turn, or will it continue to rise to 374p highs (+29%)?

• Shares +12.6% from recent lows; breakout above 285p 
• Now 290p (at the time of writing).
• Will the positive momentum take them back to prior 374p Sept highs (+29%)?
• Shares -0.6% from 2019 highs; +25.6% from 2019 lows; +13% year-to-date
• Equity markets buoyed by hopes of US-China trade deal, commodities higher
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Standard Life Aberdeen – An Example

Let’s say the trend appeals to you, you think it’s likely to continue towards 374p. You decide to buy exposure to £10,000 worth of Standard Life Aberdeen using a CFD, at the current price of 290p. To do this, you need £2,000.

Let’s assume the Standard Life Aberdeen trend continues to 374p highs (+29%). Your profit would be £2900, 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. Standard Life Aberdeen 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.