Abcam
A trading opportunity for you?
Will Abcam continue falling, or will it recover to 1410p highs (+12.5%) ?
- Shares -12.5% from Fridays highs; bounced off 1230p already today
- Now 1244p (at time of writing).
- Can the stock recover recent 1410p highs (+12.5%)?
- Shares -19% from 2019 highs; +16% from 2019 lows; +15.5% year-to-date.
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Trading Abcam – An Example
Let’s say you feel that the stock is a bargain and you think could bounce back towards 1410p. You decide to buy exposure to £10,000 worth of Abcam using a CFD, at the current price of 1244p. To do this, you need £2,000.
Let’s assume Abcam recovers back to 1410p highs (+12.5%). Your profit would be £1250, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 2% from the current price. Abcam falls 2% and hits your stop-loss. Your loss would be £200.
This is provided for information purposes only. It should not be taken as a recommendation.