Wizz Air publishes Q3 Results on Weds, 30 Jan.

• Last time Wizz Air reported: H1 Results, 7 Nov.
• The shares closed +8.4% for a daily range of 450p or 16.9%.
• Currently 3139p (at time of writing).
• Will we see another big share price move on Wednesday?
• Shares -17.8% from 2018 highs; +36.7% from 2018 lows; +12% year-to-date.
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading Wizz Air – An Example

Let’s say you think that Wizz Air results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Wizz Air using CFDs, at the current price of 3139p. To do this, you need £2,000.

For the purpose of this example, let’s assume Wizz Air 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 position, and place a stop-loss 5% below the current price. Wizz Air 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.