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 on Wednesday, Citi analyst Glen Yeung downgraded Broadcom (NASDAQ: BRCM) from Buy to Neutral.
In the report, Citi noted, "We are downgrading shares of Broadcom from Buy to Neutral, reflecting our concerns that multiples are likely to be capped as decelerating smartphone industry growth and increasing connectivity competition hamper revenues".
Broadcom closed on Tuesday at $31.83.
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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