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.
Thursday's morning session saw 12 companies set new 52-week lows.
Noteables:
- China Mobile (NYSE:CHL) was the largest firm by market cap to set a new 52-week low.
- Timber Pharmaceuticals, Inc. Common Stock (AMEX:TMBR) was the smallest firm by market cap to set a new 52-week low.
- Triterras (NASDAQ:TRIT) made the largest move down on the session, with shares plummeting 36.48% to reach its 52-week low.
The following stocks achieved new 52-week lows during the first half-hour of trading on Thursday:
- China Mobile (NYSE:CHL) shares were down 0.79% for the day, having made a 52-week low of $28.10.
- Galapagos (NASDAQ:GLPG) shares hit a yearly low of $93.01. The stock was down 2.99% on the session.
- Olema Pharmaceuticals (NASDAQ:OLMA) shares moved down 1.59% on Thursday to hit a new 52-week low of $36.41, drifting down 1.59%.
- Apartment Investment (NYSE:AIV) stock drifted down 3.56% on Thursday morning to hit a new 52-week low of $4.40.
- Vital Farms (NASDAQ:VITL) shares moved down 0.16% on Thursday to hit a new 52-week low of $24.63, drifting down 0.16%.
- SFL Corp (NYSE:SFL) shares were down 1.04% for the day, having made a 52-week low of $6.10.
- Triterras (NASDAQ:TRIT) shares made a new 52-week low of $7.87 on Thursday. The stock was down 36.48% for the day.
- Fanhua (NASDAQ:FANH) stock dropped to a yearly low on Thursday of $12.02. Shares traded down 1.06%.
- CooTek (Cayman) (NYSE:CTK) shares set a new yearly low of $3.55 this morning. The stock was down 8.04% on the session.
- Sonnet BioTherapeutics (NASDAQ:SONN) stock dropped to a yearly low on Thursday of $2.20. Shares traded down 3.21%.
- InMed Pharmaceuticals (NASDAQ:INM) stock hit a new 52-week low of $2.95. The stock was down 1.33% on the session.
- Timber Pharmaceuticals, Inc. Common Stock (AMEX:TMBR) shares reached a new 52-week low of $0.82 on Thursday morning, moving down 5.82%.
Benzinga will update traders on these companies going forward. If these companies break to a new level, Benzinga will be the first to report on it.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!