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.
Alibaba Group Holding Ltd - ADR (NYSE:BABA) shares are trading higher by 2.85% to $75.10 during Monday's pre-market session. Shares of several Chinese tech stocks at large are trading higher after Chinese President Xi Jinping committed to investing in core technologies.
What Happened?
Chinese President Xi Jinping, in his Sunday speech that laid out the Communist Party’s agenda for the country over the next five years, has struck an optimistic note on technological development, stressing the need to focus on winning battles in important core technologies.
“We will focus on national strategic needs, gather strength to carry out indigenous and leading scientific and technological research...Read More
According to data from Benzinga Pro, Alibaba has a 52-week high of $182.09 and a 52-week low of $71.40.
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!