Will Ted Baker continue falling, or will it recover to last week’s 1920p highs?

• Ted Baker shares -3.5% today after CEO news, shares -6.7% from Friday’s highs.
• CEO and founder Ray Kelvin stepped down after allegations of misconduct.
• Now trades 1828p (at time of writing).
• Shares -14.1% from 2019 highs; +20.9% from 2019 lows; +18.5% year-to-date.
• Can the stock recover to recent highs?
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Ted Baker – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 1920p. You decide to buy exposure to £10,000 worth of Ted Baker using a CFD, at the current price of 1828p. To do this, you need £2,000.

Let’s assume Ted Baker recovers back to last week’s 1920p highs (+5%). Your profit would be £500, 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. Ted Baker falls 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.