Will JMAT continue falling post results, or will it recover to month highs of 3400p (+4.5%)?

• Shares down 4.5% from recent highs; 
• Now 3250p (at time of writing).
• Can the stock recover post results to month highs of 3400p highs (+4.5%)?
• Shares -6.5% from 2019 highs; +14% from 2019 lows
• News – 17th June – Clean Air CEO to retire next year & Q1 2019 results update
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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JMAT– An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 3400p. You decide to buy exposure to £10,000 worth of JMAT using a CFD, at the current price of 3250p. To do this, you need £2,000.

Let’s assume JMAT recovers back to 3400p highs (+4.5%). Your profit would be £450, 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. JMAT 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.