Antonio_trader

Sainsbury's snap election trade

LSE:SBRY   SAINSBURY(J) ORD GBP0.28571428
With Snap election on December 12, Sainsbury's offers great opportunity. As the company gets all of it profit in UK, it is very exposed to the election results.
Since Conservative win is considered good for Brexit progress, UK stocks expected to rise on it. Results will be released around 2am on Friday.
So far the polls suggest that Boris should win.

Good Luck!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.