January 12, 2012 10:15 AM | 1 min read
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.
FBN Securities initiates its coverage on Check Point Software (NASDAQ: CHKP) with an Outperform rating and a price target of $65 per share as the company leads the network firewall market. FBN Securities says, "We are initiating coverage of Check Point Software (CHKP) with an Outperform rating and $65PT. The company is the market share leader in enterprise network firewalls (roughly 90% of revenue, the other roughly 10% of revenue being endpoint-related), and with its R75 software suite in February 2011 entered the next-generation firewall (NGFW) market. With its 2007 entry into the appliance market and with its 2009 entry into the software blade market, it created a more recurring revenue model with cross-selling opportunities."CHKP closed at $65 per share on Wednesday.
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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