Will Taylor Wimpey continue falling, or will it recover to 168p?

• Shares down 19.6% from April highs; Bounced 2% from lows
• Now trading 156p (at time of writing).
• Can the stock close the gap and recover to 168p (+7.6%)?
• Shares -18.6% from 2019 highs, +17% from 2019 lows; +15.1% year-to-date.
• 7 Jun: Taylor Wimpey no longer a Sell, says Shore Capital
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Taylor Wimpey – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 168p. You decide to buy exposure to £10,000 worth of Taylor Wimpey using a CFD, at the current price of 156p. To do this, you need £2,000.

Let’s assume Taylor Wimpey recovers back to 168p (+7.6%). Your profit would be £760, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 2% from the current price. Taylor Wimpey rises 2% and hits your stop-loss. Your loss would be £200.

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