August 2, 2013 11:23 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 Friday, UBS Investment Research analyst Eric J. Sheridan reiterated a Neutral rating on
LinkedIn Corp. (NYSE: LNKD), and raised the price target from $180.00 to $230.00.In the report, UBS Investment Research noted, “LinkedIn delivered a better than expected result, but for the second consecutive quarter the company is guiding both revenue & Adj EBITDA to below Street forward estimates (after a year of consecutive raises to levels above Street estimates). Given LinkedIn's full valuation multiples (~45x 2014 EBITDA) & recent outperformance (outperformed S&P ~80% YTD), we see little upside to the stock from current levels unless Street ests move higher from current levels.”LinkedIn Corp. closed on Thursday at $228.80.
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.