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 Belden (NYSE:BDC) moved higher by 1.5% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were up 40.30% year over year to $0.94, which beat the estimate of $0.66.
Revenue of $536,400,000 up by 15.72% year over year, which beat the estimate of $498,030,000.
Guidance
The upcoming fiscal year's EPS expected to be between $3.50 and $3.80.
The upcoming fiscal year's revenue expected to be between $2,130,000,000 and $2,180,000,000.
Details Of The Call
Date: May 05, 2021
Time: 08:30 AM
Technicals
Company's 52-week high was at $54.80
Company's 52-week low was at $26.48
Price action over last quarter: down 4.98%
Company Profile
Belden Inc provides signal transmission products to distributors, end-users, installers, and original equipment manufacturers. The firm operates in two segments - Enterprise Solutions and Industrial Solutions. The Enterprise Solutions segment is a provider in network infrastructure solutions, as well as cabling and connectivity solutions for commercial audio/video and security applications. The Industrial Solutions segment is a provider of high-performance networking components and machine connectivity products.
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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