Will Standard Life Aberdeen continue falling, or will it rise again back to 258p February highs?

• Standard Life Aberdeen shares -10.7% from Feb highs
• Shares rebounding close to +3% from Feb lows this week.
• 15 Feb: Shares down after Mitsubishi UFJ sold its 5.9% stake in the company.
• 15 Feb: Reuters reported Standard Life planning job cuts.
• Now trades 237p (at time of writing).
• Shares -13.2% from 2019 highs; +2.4% from 2019 lows; -7.6% year-to-date.
• Can the stock recover to recent highs?
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Standard Life Aberdeen – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 258p recent highs. You decide to buy exposure to £10,000 worth of Standard Life Aberdeen using a CFD, at the current price of 237p. To do this, you need £2,000.

Let’s assume Standard Life Aberdeen recovers back to 258p February highs (+8.8%). Your profit would be £880, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 4% from the current price. Standard Life Aberdeen falls 4% and hits your stop-loss. Your loss would be £400.

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