Some short-term offshore trade ideas for the week, focussed on the U.S. markets.
Boeing Co.
Enter on a break above $180.00 with a stop loss at $170.00, and a target price around/below $234.00.
Citigroup
Enter on a break above $52.51 with a stop loss at $51.00, and a target price around/below $61.00.
General Electric
Enter on a break above $6.70 with a stop loss at $6.25, and a target price around/below $8.50.
Simon Property Group
Enter on a break above $70.14 with a stop loss at $65.50, and a target price around/below $93.00.
Cisco Systems
Enter on a break above $42.50 with a stop loss at $41.45, and a target price around/below $44.00
*Please note that these trade ideas form part of a larger weekly plan and the value of financial products can increase as well as decrease over time, depending on the value of the underlying securities and market conditions. The risk of loss arising from trading in Contracts for Difference can be substantial. You should carefully consider whether such investments are suitable for you in the light of your circumstances and financial resources.
