UPDATE: KeyBanc Capital Markets Initiates Encore Wire: Hold

by Benzinga Staff
April 17, 2012 4:18 PM | 25 seconds 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.

KeyBanc Capital Markets initiated Encore Wire (NASDAQ: WIRE) coverage today with a Hold rating.In the report, KeyBanc Capital Markets stated, "Overall, we believe the Company's unique operating model provides distinct advantages in the form of product availability and reliability that help drive market share gains in an industry differentiated more on price and service vs. product breadth."Shares of Encore Wire closed today at $28.27, up 0.82% from Monday's market close. At the time of posting, shares were at $28.39 in aftermarket trading.

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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