A trading opportunity for you?

Will Thomas Cook Group continue falling, or will it rise again back to 85.9 September highs?

• The price has fallen over 23% in one week.
• Shares are down over 48%% from 2018 highs, +5.9% from 2018 lows, -51% year-to-date.
• Thomas Cook warned on profits on 24 September once again due to weak summer bookings.
• Heatwave caused customers to put off trips, leading to lower price rises.
• It has been as high as 85.9p in September, and as low as 57.8p. It is now at 60.4p.

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Trading Thomas Cook Group – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards September high of 85.9. You decide to buy exposure to £10,000 worth of Thomas Cook Group using a CFD, at the current price of 60.4p. To do this, you need £2,000.

Let’s assume Thomas Cook Group recovers back to 85.9p. Your profit would be £4,221, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 10% from the current price. Thomas Cook Group falls 10% and hits your stop-loss. Your loss would be £1,000.

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