Will Land Securities break support, or will it rise again back to 954p?

• 912-954 range; up-channel since January; Now 916p (at time of writing)
• Will the pattern repeat itself, rising back to 954p?
• Shares -2.0% from 2019 highs; +17% from 2019 lows; +14% year-to-date.
• Shares found support after recent-sell-off, hopeful of Brexit progress
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Land Securities – An Example

Let’s say you like the range, you think it’s heading back up towards 954p again. You decide to buy exposure to £10,000 worth of Land Securities using a CFD, at the current price of 918p. To do this, you need £2,000.

Let’s assume Land Securities recovers back to 954p (+4%). Your profit would be £400, 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. Land Securities 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.