Will NMC Health continue falling, or will it rise again back to 3011p recent highs?

• NMC Health fallen over 16% in less than 3 weeks.
• Bouncing +2% today from 2522p support level.
• Now trades 2585p (at time of writing).
• Shares -15.9% from 2019 highs; +1.1% from 2019 lows; -5.8% year-to-date.
• Can the stock recover to recent highs?
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading NMC Health – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards recent high of 3011p. You decide to buy exposure to £10,000 worth of NMC Health using a CFD, at the current price of 2585p. To do this, you need £2,000.

Let’s assume NMC Health recovers back to 3011p recent highs (+16.4%). Your profit would be £1640, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 7% from the current price. NMC Health falls 7% and hits your stop-loss. Your loss would be £700.

This is provided for information purposes only. It should not be taken as a recommendation.