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.
- Needham analyst Scott Berg reiterated a Buy on Monday.Com Ltd (NASDAQ:MNDY) with a $230 price target.
- He attended Monday.com's Elevate customer conference in NYC yesterday.
- His key takeaway was on significant product strategy enhancements that are almost exclusively focused on driving the scale and functionality required within larger deployments.
- Especially for larger enterprise segment customers, he believes they are starting to standardize and rationalize their Collaborative Work Management (CWM) infrastructure.
- He liked this focus as he believes capturing the current growth phase in the CWM segment is essential.
- Customer conversations were highly complimentary of the company's user interface, ease of use, and ability to scale outside traditional project management use cases.
- He feels this ability will be necessary to turn CWM from a decent-sized TAM into a significantly large one.
- Price Action: MNDY shares traded higher by 0.28% at $98.18 on the last check Tuesday.
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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