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.
- Autodesk, Inc (NASDAQ:ADSK) slashed about 250 jobs joining the likes of Splunk Inc (NASDAQ:SPLK) and Pinterest Inc (NYSE:PINS).
- The cuts amount to less than 2% of Autodesk’s global workforce, Bloomberg reports.
- The downsizing reflected aligning resources to pursue key priorities this fiscal year and not due to over-hiring or cost-cutting.
- Autodesk also was committed to adding workers across the company for many key positions.
- Autodesk employed 12,600 people globally as of January 2022.
- Tech giant Intel Corp (NASDAQ:INTC) also cut the pay of senior managers and executives.
- CEO Pat Gelsinger took a 25% cut to his base salary as the chipmaker battled a rapid drop in revenue and earnings.
- Price Action: ADSK shares traded lower by 2.64% at $222.19 premarket on the last check Friday.
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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