Will NMC Health break support, or will it rise back to 2844p?

• 2066-2844p falling range since August, bounced off floor
• Now trades 2274p (at time of writing)
• Will the pattern repeat itself, testing the 2844p ceiling?
• Shares -24.9% from 2019 highs; +7.3% from 2019 lows; -17.3% year-to-date.
• Shares recently fallen on financing concerns and increasedshort-selling
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading NMC Health – An Example

Let’s say you like the range, you think it’s heading back towards 2844p again. You decide to buy exposure to £10,000 worth of NMC Health using a CFD, at the current price of 2274p. To do this, you need £2,000.

Let’s assume NMC Health rises to 2844p (+25%). Your profit would be £2500, 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. NMC Health 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.