Four US trades for the week

When it comes to speculative trading, we like to ensure that we clear our minds of bias as often as we can and allow the charts to dictate our trades. This week we have four US trades that we think have good risk-reward setups.

CDW Corp. (CDW)

Enter on a break below $154.18 with a stop loss at $160.99, and a target price around/above $139.98.

four US trades
Clorox Co. (CLX)

Enter on a break above $183.27 with a stop loss at $179.83, and a target price around/above $196.80.

four US trades
FLIR Systems, Inc. (FLIR)

Enter on a break below $51.98 with a stop loss at $54.75, and a target price around/above $45.61.

four US trades
Steris plc (STE)

Enter on a break above $176.55 with a stop loss at $172.05, and a target price around/above $185.56.

four US trades
Joining HCA trading

HCA trading offers a number of different trading accounts to suit different types of traders. Our offshore trading accounts allow traders to buy shares, ETFs, CFDs and even fractional shares in the United States for only $2 a trade. Locally, we offer shares, ETFs and CFDs at good rates with robust and reliable trading platforms. All our trading, including CFDs, is done on a Direct Market Access basis and thus our clients are able to interact directly with the real equity market and not have to worry about excessive counterparty or liquidity risk. Our prime broker locally is a big four bank and offshore we make use of one of the largest non-bank prime brokers in the world.

Local stockbroking rates
Trading instrumentBrokerage rateMargin rateMinimum trade charge
JSE listed equities and ETFs0.30%100%R150
CFDs on JSE listed equities0.20%10% – 25%R50
SAFEX listed index futures (ALSI)R206% – 8%R20 per contract
Offshore stockbroking rates
Trading instrumentBrokerage rateMargin rateMinimum trade charge
U.S. listed equities and ETFsUSD 1 cents per share100%USD 2
Canada listed equities and ETFsCAD 2 cents per share100%CAD 2
U.K. listed equities and ETFsGBP 12 + 0.1%100%GBP 12
Germany listed equities and ETFs0.20%100%EUR 8
Forex0.40%100%USD 4

*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.

Post Index

Search the blogs

Share this post

Share on twitter
Share on linkedin
Share on facebook
Share on whatsapp
Share on email
Share on reddit
Share on telegram
Share on skype

Don't want to miss another post from our blog? Subscribe to our newsletter.

Scroll to Top

We'll help you choose the right account.

Please give us your contact details so that we can call you and help you choose the most suited trading account for your individual requirements.

Your message is on its way to us!

We will be in touch with you shortly.

In the meantime, check out our other pages with the drop down below:

We really appreciate you reaching out. We will be in touch with you within two business days.