InterContinental Hotels
A trading opportunity for you?
Will InterContinental Hotels continue falling, or will it rise again back to 4,824p highs?
- InterContinental Hotels shares have fallen 6.5 in the past week to trade 4,471p (at time of writing)
- Shares -10.5% from 2018 highs; +8.6% from 2018 lows; -5.3% year-to-date
- Shares are moving lower after noting a cautious H2 outlook for US business and disappointing room count figures.
- Similar results from peer competitor Marriott International overnight added to sector worries.
- Source: Dow Jones, Bloomberg, FT, Company News
Trading InterContinental Hotels – An Example
Let’s say you feel that the stock is a bargain and you think it could bounce back to recent highs of 4,824p. You decide to buy exposure to £10,000 worth of InterContinental Hotels using a CFD, at the current price of 4,471p. To do this, you need £2,000.
Let’s assume InterContinental Hotels recovers back to 4,824p (+7.9%). Your profit would be £780, 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. InterContinental Hotels 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.