Will INTU Properties continue falling, or will it rise again back to March highs of 118p?

• INTU Properties shares -6.9% today, -22.9% from March highs.
• Now trades 93p (at time of writing).
• Shares -23.3% from 2019 highs; +3.8% from 2019 lows; -17.5% year-to-date.
• 20 Feb: Full-year results disappointed, with property values -13%.
• 3 May: Intu Properties Warns of Challenging 2019 Ahead.
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading INTU Properties – An Example

Let’s say you feel that the stock is a bargain and you think it could bounce back to recent March highs of 118p. You decide to buy exposure to £10,000 worth of INTU Properties using a CFD, at the current price of 93p. To do this, you need £2,000.

Let’s assume INTU Properties recovers back to recent high of 118p (+26%). Your profit would be £2600, 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. INTU Properties 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.