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: $105.20 for more aggressive traders or $108.70 for the confirmation of breakout from sideways action, should it happen
Price target: Traders could use 10-day MA for shorter move, or 21-day EMA if they want to hold for longer. Combining both for selling in tranches is also a good option
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 .