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.
- Infosys Ltd (NYSE:INFY) received some positive commentary from Wall Street, as Wedbush Securities added the stock to its Best Ideas List, noting it is "well-positioned" to bring the highest growth rates in the sector.
- Analyst Moshe Katr has an Outperform and $30 price target.
- The price target implies an upside of 32.4%.
- Katr noted that the recent 15% decline in the stock gives investors "an attractive buying opportunity as the stock's appreciation will continue to be a function of accelerating top-line growth rates with stable margins."
- Price Action: INFY shares traded higher by 2.91% at $23.33 in the market session on the last check Monday.
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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