Will Aston Martin continue falling, or will it rise again back to 1272p February highs?

• Aston Martin shares -12.7% in the past 2 weeks
• Shares bouncing +3.5% from December support zone around 1117p.
• Now trades 1140p (at time of writing).
• Shares -16.1% from 2019 highs; +2.2% from 2019 lows; -6% year-to-date.
• Can the stock recover to recent highs?
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Aston Martin – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 1272p recent highs. You decide to buy exposure to £10,000 worth of Aston Martin using a CFD, at the current price of 1140p. To do this, you need £2,000.

Let’s assume Aston Martin recovers back to 1272p February highs (+11.5%). Your profit would be £1150, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 5% from the current price. Aston Martin 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.