Will Land Securities break resistance, or will it fall again towards 800p?

• The Land Securities range has developed over the last 3 months.
• Shares fallen back from resistance multiple times. Now at 860p (at time of writing)
• Will the pattern repeat itself, shares testing previous lows?
• Shares -15.0% from 2018 highs; +10.3% from 2018 lows; 6.9% year-to-date
• 16 Nov: Wall St Journal “Heard on the Street” column says UK Real Estate can take Brexit
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Land Securities – An Example

Let’s say you like the range, you think it’s heading back towards 800p again. You decide to Sell exposure to £10,000 worth of Land Securities using a CFD, at the current price of 860p. To do this, you need £2,000.

Let’s assume Land Securities falls back to the channel floor around 800p (-7.0%). Your profit would be £700, 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. Land Securities rises 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.