Will Bellway continue falling, or will it rise again back to 3108p recent highs?

• Bellway share price has fallen over 12% in the past week, -18.4% from November highs.
• Now trading at 2536p (at the time of writing).
• Shares are down over -30.8% from 2018 highs, +1.3% from 2018 lows, -29% year-to-date.
• UK Index Housebuilder shares in a month-long downtrend due to ongoing Brexit uncertainty.
• Can the shares regain recent highs?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Bellway – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 3108p. You decide to buy exposure to £10,000 worth of Bellway using a CFD, at the current price of 2536p. To do this, you need £2,000.

Let’s assume Bellway recovers back to recent highs of 3108p (+22.5%). Your profit would be £2250, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 8% from the current price. Bellway falls 8% and hits your stop-loss. Your loss would be £800.

This is provided for information purposes only. It should not be taken as a recommendation.