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.
Shares of Gap (NYSE:GPS) rose 2.7% in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were down 114.29% over the past year to ($0.09), which beat the estimate of ($0.41).
Revenue of $3,275,000,000 decreased by 18.23% from the same period last year, which beat the estimate of $2,910,000,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Gap hasn't issued any revenue guidance for the time being.
Details Of The Call
Date: Aug 27, 2020
Time: 05:00 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/sczipemq
Technicals
Company's 52-week high was at $19.86
52-week low: $5.26
Price action over last quarter: Up 45.41%
Company Overview
Gap, Inc. retails apparel, accessories, and personal-care products under the Gap, Old Navy, Banana Republic, Athleta, Hill City, Janie & Jack, and Intermix brands. Old Navy generates nearly half of Gap's sales. The firm also operates e-commerce sites, outlet stores, and specialty stores under various Gap names. Gap operates more than 3,300 stores in North America, Europe, and Asia and franchises nearly 600 stores in Asia, Europe, Latin America, and other regions. Gap was founded in 1969 and is based in San Francisco.
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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