October 28, 2013 9:06 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, Stifel analyst David Grossman reiterated a Buy rating on
EPAM Systems (NYSE: EPAM), and raised the price target from $38.00 to $42.00.In the report, Stifel noted, “EPAM will report 3Q EPS on Thursday, November 7, after the close and hold a call the following morning (Friday November 8) at 8am ET (Dial-in TBA). On October 9th, the company pre-announced the 3Q results (outperformance) and increased guidance for the year in conjunction with the announcement that CFO Ilya Cantor would be leaving the company. Cantor will be leaving after the 3Q report for another opportunity with a private company. Anthony Conte, EPAM's current VP of Finance and compliance officer, was named as Cantor's successor. Conte has been with the company for over six years, is well known to us and a logical replacement, in our view.”EPAM Systems closed on Friday at $38.38.
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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