Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.
Entry level: See if it can hold the $300 psychologically important level, or the test back to 21-day EMA around $296.70, which could offer even better risk-adjusted entry point
Price target: Break below 10-day MA for shorter, or 21-day EMA which supported the entire move since June, on a closing basis.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage . 75 % of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money .