INTU Properties
A trading opportunity for you?
Will INTU Properties continue falling, or will it rise again back to 98.5p (+28%)?
- Shares -25% since late May; bounced off 73.9p support
- Now trades 76.5p (at time of writing).
- Can the stock recover to recent 98.8p highs (+28%)?
- Shares -37.4% from 2019 highs; +3.5% from 2019 lows; -32.5% year-to-date.
- Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal
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 highs of 98.8p. You decide to buy exposure to £10,000 worth of INTU Properties using a CFD, at the current price of 76.5p. To do this, you need £2,000.
Let’s assume INTU Properties recovers back to recent high of 98.8p (+28%). Your profit would be £2800, 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.