Reckitt Benckiser reports results on Tuesday, 30 Oct

• The chart shows the price movement last time Reckitt Benckiser reported: H1 Results, 27 Jul.
• The shares opened +490p (+7.8%) traded as low as +316p (+5%) and rose as high as +613p (+9.7%, high of the day).
• The shares closed +499p (+7.9%) for a daily range of 297p or 4.7%.
• Recent share price range: Oct lows 6403p; Oct highs 7178p. Currently 6670p (at time of writing).
• Shares -7% from 2018 highs; +26.9% from 2018 lows; -4.1% year-to-date
• Reckitt Benckiser publishes a Q3 Trading Update on Tuesday, 30 Oct
• Will we see another big move?
• Source: Bloomberg, FT, Reuters, DJ Newswires

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Trading Reckitt Benckiser – An Example

Let’s say you think that Reckitt Benckiser results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Reckitt Benckiser using CFDs, at the current price of 6670p. To do this, you need £2,000.

For the purpose of this example, let’s assume Reckitt Benckiser reports strong results and the shares rise 10%. Your profit would be £1000, from your initial investment of £2000.

Conversely, let’s assume you open the position, and place a stop-loss 4% below the current price. Reckitt Benckiser results miss, it falls 4% and hits your stop-loss. Your loss would be £400.

This is provided for information purposes only. It should not be taken as a recommendation.