Will Rathbone break support, or will it rise again back to 2479p?

• The Rathbone Brothers range has developed since October.
• Shares bounced off rising range floor 3 times. It is now at 2321p (at time of writing)
• Will the pattern repeat itself, shares testing previous highs?
• Shares -16.0% from 2018 highs; +6.9% from 2018 lows; -0.9% year-to-date
• 10 Jan: Rathbones Funds +13% in 2018 on Speirs & Jeffrey Purchase
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Rathbone – An Example

Let’s say you like the range, you think it’s heading back towards 2479p again. You decide to Buy exposure to £10,000 worth of Rathbone using a CFD, at the current price of 2321p. To do this, you need £2,000.

Let’s assume Rathbone rises back to range ceiling around 2479p (+6.8%). Your profit would be £680, 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. Rathbone falls 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.