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 analyst Jason Celino initiated coverage of Monday.com Ltd (NASDAQ:MNDY) with an Overweight rating and a $135 price target.
- He believes Monday.com is best positioned to sustain 30%-plus growth for at least the next two years among its work management peers.
- He believes the company's modular Work OS platform strategy provides go-to-market and competitive differentiation.
- The price target reflected a premium in line with other 30%+ growth SaaS.
- Celino initiated coverage of Smartsheet Inc (NYSE:SMAR) with an Overweight rating and a $46 price target.
- He believes Smartsheet is ready to be a leading player in the work management software category.
- With one of the more apparent paths to profitability among work management peers, he saw an underappreciated high growth + margin improvement story.
- Celino initiated coverage of Asana, Inc (NYSE:ASAN) with a Sector Weight rating.
- CEO Dustin Moskovitz has potentially set Asana on an ambitious path to winning the work management software category.
- With its disruptive platform strategy, momentum at the enterprise, and several mentions of wall-to-wall customer deployments, he believes Asana is executing well.
- Despite the market pullback and valuation, he saw a balanced risk-reward.
- Price Action: MNDY shares traded higher by 1.08% at $95.07 on the last check Thursday.
- Photo Via Company
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!