December 5, 2012 12:21 PM | 1 min read
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.
In a report published Wednesday, Jefferies & Company reiterated its Buy rating on Francesca's Holdings Corporation (NASDAQ: FRAN), and raised its price target from $38.00 to $40.00.Jefferies noted, “Numbers were again very strong proving the durability and attractiveness of this early stage growth story. We are particularly impressed with the broad-based strength spanning the topline, margins, earnings growth, and high ROI. Meanwhile the long-term story remains among the most attractive in the space with potential to nearly triple the store base. Valuation is also attractive and we are buyers at current levels. Raising PT to $40.”Francesca's Holdings Corporation closed on Tuesday at $26.81.
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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