April 19, 2013 7:46 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 JP Morgan downgraded Fairchild Semiconductor International (NYSE: FCS) from “overweight” to “neutral.” The target price for Fairchild Semiconductor has been lowered from $16 to $12. Fairchild Semiconductor's shares closed at $12.15 yesterday. Analysts at Compass Point downgraded Verifone Systems (NYSE: PAY) from “buy” to “neutral.” The target price for Verifone has been lowered from $25 to $20. Verifone's shares closed at $19.86 yesterday.Analysts at Citigroup downgraded Varian Medical Systems (NYSE: VAR) from “neutral” to “sell.” The target price for Varian Medical Systems is set to $63. Varian Medical's shares closed at $66.57 yesterday.Alta Corp Capital downgraded Enerplus (NYSE: ERF) from “outperform” to “sector perform.” The target price for Enerplus has been raised from $15.60 to $17.55. Enerplus's shares closed at $12.90 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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