Unilever
Is this trend a good trading opportunity?
Will Unilever turn, or will it continue to rise towards 5500p all-time highs (+9.4%)?
- Shares +27% from March lows; Now 5023p (at the time of writing).
- Will the positive momentum take them to fresh all-time highs of 5500p (+9.4%)?
- Shares -0.0% from 2019 highs; +28.7% from 2019 lows; +22.3% year-to-date.
- 11 Jun: Tatcha purchase adds another layer to prestige pivot says Bryan Garnier
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Unilever – 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 Unilever using a CFD, at the current price of 5023p. To do this, you need £2,000.
Let’s assume the Unilever trend continues to fresh all-time highs of 5500p (+9.4%). Your profit would be £940, 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. Unilever 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.