Will William Hill turn, or will it continue to rise to November highs of 224p?

• Shares +27.6% since Christmas, +4.8% in the past week.
• 4 Feb: William Hill upgraded to “Buy” by Shore Capital.
• 4 Feb: Brokers say the opportunity in the US outweighs UK regulatory risks.
• Now trading 181p (at the time of writing).
• Will the positive momentum continue towards November highs at 224p?
• Shares -4.4% from 2019 highs; +19.8% from 2019 lows; +16.9% year-to-date.
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading William Hill – 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 William Hill using a CFD, at the current price of 181p. To do this, you need £2,000.

Let’s assume the William Hill trend continues to November highs at 224p (+23.7%). Your profit would be £2370, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 8% from the current price. Carnival falls 8% and hits your stop-loss. Your loss would be £800.

This is provided for information purposes only. It should not be taken as a recommendation.