Will Ryanair continue falling, or will it rise again back to last week’s 1098p highs?

• Ryanair fallen over -8% today, as low as 1006p today after negative FY results.
• Now trades 1011p (at time of writing).
• Shares -21.3% from 2019 highs; +5.4% from 2019 lows; -4.9% year-to-date.
• Can the stock recover to last week’s levels?
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Ryanair – An Example

Let’s say you feel that the stock is a bargain and you think it could bounce back tolast week’s highs of 1098p. You decide to buy exposure to £10,000 worth of Ryanair using a CFD, at the current price of 1011p. To do this, you need £2,000.

Let’s assume Ryanair recovers back to 1098p Monday’s highs (+8.6%). Your profit would be £860, from your initial investment of £2000.

Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. Ryanair falls 3% and hits your stop-loss. Your loss would be £300.

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