Will Taylor Wimpey turn, or will it continue to rise to 206p May ’18 highs?

• Shares +39.4% since November lows.
• Currently 177p (at time of writing).
• 27 Feb: Housebuilder reported a rise in pre-tax profits in-line with consensus
• Shares -0.34% from 2019 highs; +32.5% from 2019 lows; +30.4% year-to-date.
• Will the strong positive momentum continue?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Taylor Wimpey – 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 Taylor Wimpey using a CFD, at the current price of 177p. To do this, you need £2,000.

Let’s assume Taylor Wimpey trend continues to 206p May ’18 highs (+16.4%). Your profit would be £1640, 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. Taylor Wimpey 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.