Hargreaves Lansdown
A range trading opportunity for you?
Will Hargreaves Lansdown break support, or will it rise again to 2400p (+20%)?
- 1876-2400p range; Now trading 1989p (at time of writing)
- Will the pattern repeat itself, shares testing 2400p highs (+20%)?
- Shares -18.7% from 2019 highs; +22.5% from 2019 lows; +7.6% year-to-date
- 26 Jun: Upgraded to Hold From Sell by Deutsche Bank
- Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal
Trading Hargreaves Lansdown – An Example
Let’s say you like the range, you think it’s heading back towards 2400p again. You decide to Buy exposure to £10,000 worth of Hargreaves Lansdown using a CFD, at the current price of 1989p. To do this, you need £2,000.
Let’s assume Hargreaves Lansdown rises back to range ceiling at 2400p (+20%). Your profit would be £2000, 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. Great Portland 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.