January 23, 2013 7:22 AM | 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.
Analysts at RW Baird upgraded Middleby (NASDAQ: MIDD) from “neutral” to “outperform.” The target price for Middleby has been raised from $136 to $154. Middleby's stock closed at $134.46 yesterday. Societe Generale upgraded International Business Machines (NYSE: IBM) from “sell” to “hold.” The target price for IBM is set to $201. IBM's shares closed at $196.08 yesterday.Analysts at Canaccord upgraded Verizon Communications (NYSE: VZ) from “hold” to “buy.” The target price for Verizon has been raised from $47 to $50. Verizon's shares closed at $42.94 yesterday.CLSA upgraded KeyCorp (NYSE: KEY) from “sell” to “outperform.” The target price for KeyCorp has been raised from $7 to $11. KeyCorp's shares closed at $9.36 yesterday.
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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