Will Hammerson break lower, or will it rise to 349p again?

• Sideways 329-349p range since late March;
• Bounced again off floor to trade 333p (at time of writing).
• Will the pattern repeat itself, testing previous 349p highs?
• Shares -15.9% from 2019 highs; +6.2% from 2019 lows; +1.2% year-to-date.
• Real Estate names with retail exposure names hampered by Brexit 
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Hammerson – An Example

Let’s say you like the Hammerson range, you think it’s heading back towards 349p again. You decide to buy exposure to £10,000 worth of Hammerson using a CFD, at the current price of 333p. To do this, you need £2,000.

Let’s assume Hammerson rises back to 349p (+4.8%). Your profit would be £480, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 2% from the current price. Hammerson falls 2% and hits your stop-loss. Your loss would be £200.

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