JD Sports Fashion reports results on Monday, 14 Jan

• The chart shows the price movement last time JD Sports reported: H1 Results, 11 Sept.
• The shares opened +2.6p (+0.5%), traded as high as +31.8p (+6.5%) and fell as low as -6p (-1.2%).
• Shares closed +31.8p (+6.5%), for a daily trading range of 37.8p or 7.8%.
• Shares currently at 394.3p (at time of writing)
• Shares -2.5% from 2018 highs, +10.8% from 2018 lows, +13.1% year-to-date
• JD Sports issues a Christmas trading update on Monday (14 Jan). Will we see another big move?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading JD Sports – An Example

Let’s say you think that JD Sports =results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of JD Sports using CFDs, at the current price of 394.3p. To do this, you need £2,000.

For the purpose of this example, let’s assume JD Sports reports strong results and the shares rise 10%. Your profit would be £1000, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss 5% below the current price. JD Sports results miss, it 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.