Taylor Wimpey reports results on Tues, 13 November

• The chart shows the price movement last time Taylor Wimpey reported: H1 Results, 31 July.
• Shares opened +0.3p (+0.2%), traded as low as -1p (+0.6%, low of the day), and as high as +3.9p (+2.3%).
• The shares closed +2.9p (+1.7%) for a daily range of 4.9p or 2.8%.
• Shares -20.7% from 2018 highs; +12% from 2018 lows; -18.6% year-to-date.
• H1 results were hit by adverse weather, pulling more reliance on second half of the year.
• Recent share price range: Oct highs 172p; Oct low 150p. Currently 168p (at time of writing).
• Taylor Wimpey publishes a Trading Update on Tues, 13 Nov.
• Will we see another big move?
• Source: Bloomberg, FT, Reuters, DJ Newswires

Click to enlarge

Trading Taylor Wimpey – An Example

Let’s say you think that Taylor Wimpey results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Taylor Wimpey using CFDs, at the current price of 168p. To do this, you need £2,000.

For the purpose of this example, let’s assume Taylor Wimpey reports strong results and the shares rise 10%. Your profit would be £1,000, from your initial investment of £2,000.

Conversely, let’s assume you open the position, and place a stop-loss 3% below the current price. Taylor Wimpey results miss, it 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.