GVC Holdings
A trading opportunity for you?
Will GVC Holdings continue falling, or will it rise again back to 1,177p?
- The price has fallen over 18% since late July.
- It has been as high as 1,177p recently. It is now at 1,001p.
- GVC Holdings share have fallen though the 1,002p support level.
- Recent results have seen earnings increase, but high upfront digital marketing costs are hampering growth.
- Core digital operations operations slightly missed broker forecasts. (Source: DowJones, 13 September 2018)
Trading GVC Holdings – An Example
Let’s say you feel that the stock is a bargain and you think could bounce back towards 1,177p again. You decide to buy exposure to £10,000 worth of GVC Holdings using a CFD, at the current price of 1,002p. To do this, you need £2000.
Let’s assume GVC Holdings recovers back to 1,177p. Your profit would be £1,746, from your initial investment of £2000.
Conversely, let’s assume you open the above position, and place a stop-loss at 5% from the current price, at 951p. GVC Holdings 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.