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.
Netflix Inc (NASDAQ:NFLX) shares are trading lower Monday following bearish analyst coverage from CFRA.
CFRA analyst Kenneth Leon downgraded Netflix from a Hold rating to Sell and lowered the price target from $245 to $238.
Related Link: Benzinga's Top Ratings Upgrades, Downgrades For August 22, 2022
Netflix delivers original and third-party digital content. The company primarily operates a streaming video on demand service, which is available in almost every country worldwide except China.
NFLX Price Action: Netflix shares are down more than 60% year-to-date, but the stock has rallied more than 20% since the middle of July. Netflix has a 52-week high of $609.99 and a 52-week low of $162.71.
The stock was down 6.27% at $226.08 at press time, according to Benzinga Pro.
Photo: Tumisu from Pixabay.
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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