20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Wednesday's morning session saw 32 companies set new 52-week highs.
Highlights:
- JD.com (NASDAQ:JD) was the biggest company by market cap to set a new 52-week high.
- The smallest company by market cap to set a new 52-week high was Glowpoint (AMEX:GLOW).
- Ocular Therapeutix (NASDAQ:OCUL)'s stock actually fell, reaching a new 52-week high but thereafter trading down 5.48%.
Stocks that set new 52-week highs as of 10 a.m. ET on Wednesday are as follows:
- JD.com (NASDAQ:JD) stock on Wednesday broke to a yearly high of $44.13. Shares traded up 5.76%.
- Regeneron Pharmaceuticals (NASDAQ:REGN) shares hit $470.50 on Wednesday morning, setting a new 52-week high for a change of up 3.15%.
- Campbell Soup (NYSE:CPB) shares hit a new 52-week high of $50.00. The stock traded up 6.54% on the session.
- Tradeweb Markets (NASDAQ:TW) stock made a new 52-week high of $52.90 Wednesday. The stock was up 1.01% for the day.
- GDS Holdings (NASDAQ:GDS) shares broke to a new 52-week high of $62.57 on Wednesday. Shares of the company traded up 3.72%.
- AECOM (NYSE:ACM) shares were up 7.68% for the day, having made a 52-week high of $52.12.
- Cogent Comms Hldgs (NASDAQ:CCOI) shares hit $82.21 on Wednesday morning, setting a new 52-week high for a change of up 0.27%.
- Quidel (NASDAQ:QDEL) shares were up 2.38% for the day, having made a 52-week high of $82.87.
- Iovance Biotherapeutics (NASDAQ:IOVA) stock on Wednesday broke to a yearly high of $36.50. Shares traded up 0.45%.
- Safehold (NYSE:SAFE) stock on Wednesday broke to a yearly high of $59.31. Shares traded up 2.55%.
- Luminex (NASDAQ:LMNX) shares set a new 52-week high of $28.56 on Wednesday, moving up 2.68%.
- 21Vianet Group (NASDAQ:VNET) shares broke to $15.98 on Wednesday, setting a new 52-week high with a change of up 7.61%.
- SpringWorks Therapeutics (NASDAQ:SWTX) shares set a new 52-week high of $42.94 on Wednesday, moving down 2.57%.
- Inovio Pharmaceuticals (NASDAQ:INO) shares were up 19.87% for the day, having made a 52-week high of $8.48.
- Nuveen New York Quality (NYSE:NAN) shares set a new 52-week high of $14.66 on Wednesday, moving up 0.14%.
- Arcus Biosciences (NYSE:RCUS) shares set a new 52-week high of $18.47 on Wednesday, moving up 10.69%.
- Alliancebernstein Ntnl (NYSE:AFB) shares broke to a new 52-week high of $14.42 on Wednesday. Shares of the company traded up 0.14%.
- Blackrock Municipal (NYSE:BYM) shares were up 0.34% on Wednesday morning to hit a new 52-week high of $14.68.
- Atreca (NASDAQ:BCEL) shares hit $27.35 on Wednesday morning, setting a new 52-week high for a change of up 14.22%.
- VectoIQ Acquisition (NASDAQ:VTIQ) stock set a new 52-week high of $12.50 Wednesday morning. Over the session, the stock traded up 7.3%.
- icad (NASDAQ:ICAD) shares hit a yearly high of $13.44. The stock traded up 6.66% on the session.
- Forum Merger II (NASDAQ:FMCI) stock hit a yearly high price of $10.46. The stock was up 1.54% for the day.
- Griffin Industrial Realty (NASDAQ:GRIF) shares were up 6.56% for the day, having made a 52-week high of $44.06.
- Ocular Therapeutix (NASDAQ:OCUL) shares broke to a new 52-week high of $5.83 on Wednesday. Shares of the company traded up 17.77%.
- Arcturus Therapeutics (NASDAQ:ARCT) shares broke to $15.74 on Wednesday, setting a new 52-week high with a change of up 19.24%.
- Blackrock Municipal Bond (NYSE:BBK) shares hit a yearly high of $16.82. The stock traded up 1.37% on the session.
- DermTech (NASDAQ:DMTK) shares hit a new 52-week high of $16.10. The stock traded up 2.29% on the session.
- Beyond Air (NASDAQ:XAIR) shares hit $10.89 on Wednesday morning, setting a new 52-week high for a change of up 4.91%.
- Hebron Tech Co (NASDAQ:HEBT) stock made a new 52-week high of $9.19 Wednesday. The stock was up 6.56% for the day.
- Melrose Bancorp (OTC:MELR) stock on Wednesday broke to a yearly high of $24.60. Shares traded flat%.
- Recon Technology (NASDAQ:RCON) shares were down 5.48% on Wednesday to hit a new 52-week high of $3.47 for a change of down 5.48%.
- Glowpoint (AMEX:GLOW) stock made a new 52-week high of $2.18 Wednesday. The stock was up 4.88% for the day.
As other companies hit new 52-week highs, Benzinga will keep traders updated. Stay with us for further analysis on these and other companies.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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