easyJet
A trading opportunity for you?
Will easyJet continue falling, or will it rise again back to 1,792p June highs?
- easyJet shares have fallen by another 5% today.
- The shares are -31% from 2018 highs, at fresh 2018 lows, close to the lows of late 2017 lows.
- easyJet’s outlook disappointed late last week
- Shares impacted today by Ryanair profits warning
- Airlines hurt by rising oil prices
Trading easyJet – An Example
Let’s say you feel that the stock is a bargain and you think could bounce back towards June high of 1,792p. You decide to buy exposure to £10,000 worth of easyJet using a CFD, at the current price of 1,253p. To do this, you need £2,000.
Let’s assume easyJet recovers back to 1,792p. Your profit would be £4301, 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. easyJet 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.