Will easyJet continue falling, or will it recover to recent 1228p highs?

• Shares -31% from recent highs; +9% from lows; breakout from channel
• Currently at 911p. (at the time of witting)
• Can the stock rally 34% to recent 1228p highs
• Shares -33.4% from 2019 highs, +8.4% from 2019 lows, -17.6% year-to-date.
• Forced selling from UK Index reshuffle should now be complete
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading easyJet – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 1228p. You decide to buy exposure to £10,000 worth of easyJet using a CFD, at the current price of 911p. To do this, you need £2,000.

Let’s assume easyJet recovers back to 1228p (+34%). Your profit would be £3400, 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.