Will Barclays continue falling, or will it recover to 169p recent highs?

• Barclays shares -9.8% from last week’s highs.
• Already bounced +1.5% from this week’s lows.
• Banks fell last week on global growth worries, but market sentiment is recovering.
• Now trades 154p(at time of writing).
• Shares -9.1% from 2019 highs; +5.8% from 2019 lows; -2.4% year-to-date.
• Can the stock recover to recent highs?
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Barclays  – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 169p. You decide to buy exposure to £10,000 worth of Barclays using a CFD, at the current price of 154p. To do this, you need £2,000.

Let’s assume Barclays  recovers back to 169p recent highs (+9.7%). Your profit would be £970, 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. Barclays 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.