Can we expect Unilever buyers in anticipation of further gains this year?

Unilever has seen strong gains over the first half of the year for the last ten years. If you take a look at the performance for Unilever over the last 6 months between January 13 and June 03 you can see below that the average return has been a solid 10%. The largest gain was an impressive +30.76% in 2017. The only loss was in 2012 and was a -1.00% loss. Unilever has provided a number of products to consumers in the UK during the COVID-19 lockdowns and that has supported its share prices.

Expect Unilever buyers in anticipation of further gains this year.

Trade Risks: The main risk to this trade is if COVID-19 cases rise and the vaccine proves ineffective.

HYCM Lab is a financial analysis source that provides regular insights on how global news affects the markets including forex, commodities, stocks, indices, and cryptocurrencies*. Run by the HYCM team, it equips traders with everything needed to make informed trading decisions.