July 29, 2013 11:27 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.
In a report published Monday, Jefferies analyst Omotayo Okusanya reiterated a Hold rating on
Corporate Office Properties Trust (NYSE: OFC), but lowered the price target from $26.00 to $24.00.In the report, Jefferies noted, “While OFC has had success on the leasing front, particularly for new build-to-suit developments, 2Q13 results highlighted continued struggles related to weakness in the DC market and government contractor tenants who are reducing real estate footprints. With sequestration not expected to be resolved anytime soon and increased headwinds from unexpected occupancy losses, we remain cautious on OFC and reduce our PT to $24.”Corporate Office Properties Trust closed on Friday at $26.66.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.