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.
Monday's morning session saw 18 companies set new 52-week lows.
Facts of Interest:
- The largest company by market cap to set a new 52-week low was HSBC Holdings (NYSE:HSBC)
- The smallest company by market cap to set a new 52-week low was Castor Maritime (NASDAQ:CTRM).
- Cypress Environmental (NYSE:CELP) was the biggest loser, trading down 5.66% to reach its 52-week low,.
The stocks that set new 52-week lows on Monday:
- HSBC Holdings (NYSE:HSBC) stock broke to a new 52-week low of $21.35 on Monday. Shares of the company traded down 4.02%.
- Legend Biotech (NASDAQ:LEGN) stock hit $32.95 on Monday morning, setting a new 52-week low for a change of down 4.53%.
- FirstCash (NASDAQ:FCFS) shares set a new 52-week low of $56.69. The stock traded down 1.28%.
- Empire State Realty Trust (NYSE:ESRT) shares made a new 52-week low of $6.24 on Monday. The stock was down 4.16% for the day.
- Columbia Financial (NASDAQ:CLBK) shares set a new yearly low of $11.76 this morning. The stock was down 2.16% on the session.
- Inogen (NASDAQ:INGN) shares reached a new 52-week low of $29.28 on Monday morning, moving down 1.92%.
- State Auto Financial (NASDAQ:STFC) stock broke to a new 52-week low of $15.25 on Monday. Shares of the company traded down 1.0%.
- Natus Medical (NASDAQ:NTUS) stock hit a yearly low of $17.37. The stock was down 3.12% for the day.
- Revlon (NYSE:REV) stock drifted down 1.74% on Monday morning to hit a new 52-week low of $6.10.
- Urstadt Biddle Properties (NYSE:UBA) stock achieved a new 52-week low on Monday morning, hitting $9.35 and moving down 3.67%.
- Verrica Pharmaceuticals (NASDAQ:VRCA) shares set a new 52-week low of $6.30. The stock traded down 1.22%.
- Soliton (NASDAQ:SOLY) shares fell to $6.25 on Monday, setting a new 52-week low.
- Farmer Bros (NASDAQ:FARM) shares made a new 52-week low of $4.70 on Monday. The stock was down 3.51% for the day.
- BP Prudhoe Bay (NYSE:BPT) stock achieved a new 52-week low on Monday morning, hitting $2.63.
- CBL & Associates (NYSE:CBL) shares fell to $0.14 on Monday, setting a new 52-week low with a shift of down 4.97%.
- Histogen (NASDAQ:HSTO) stock hit $2.73 on Monday morning, setting a new 52-week low for a change of down 4.53%.
- Cypress Environmental (NYSE:CELP) stock dropped to a yearly low on Monday of $2.62. Shares traded down 5.66%.
- Castor Maritime (NASDAQ:CTRM) stock drifted down 4.75% on Monday morning to hit a new 52-week low of $0.18.
Stay with Benzinga for further updates about these companies and many others going forward.
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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