Will CYBG continue falling, or will it rise again back to 195p recent highs?

• CYBG fallen over 10% from recent highs.
• Challenger banks down after peer Metro Bank uncovered accounting errors.
• Now trades 174p (at time of writing).
• Shares -12% from 2019 highs; trading close to 2019 lows; -3.6% year-to-date.
• Can the stock recover to recent highs?
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading CYBG – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards recent high of 118p. You decide to buy exposure to £10,000 worth of CYBG using a CFD, at the current price of 174p. To do this, you need £2,000.

Let’s assume CYBG recovers back to 195p recent highs (+12%). Your profit would be £1200, 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. CYBG 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.