Will Unite turn back, or will it continue making fresh record highs?

• Shares +10.5% from February lows; Now 954p (at the time of writing).
• Will the record high keep going towards new 1050p highs?
• 27 Feb: Unite 2018 Pretax Profit Rose 7.2%; Backs 2019 Guidance
• Shares -0.7% from 2019 highs; +20.4% from 2019 lows; +18.5% year-to-date.
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Unite – 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 Unite using a CFD, at the current price of 954p. To do this, you need £2,000.

Let’s assume the Unite trend continues to 1050p new highs (+10%). Your profit would be £1000, 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. Unite 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.