November 4, 2013 11:38 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, J.P. Morgan analyst Joseph Allman initiated coverage on
Antero Resources Corp. (NYSE: AR) with an Overweight rating and $68.00 price target.In the report, J.P. Morgan noted, “We initiate coverage of AR with an Overweight rating and a Dec-14 price target of $68/share, which we base on 115% of NYMEX NAV at YE14E. Whereas some companies have a sweet-spot position in the Marcellus or the Utica, Antero has a sweet-spot position in both. It also differentiates itself with its superior production growth and its capital efficiency. We think the stock will outperform based on, among other things, the company hitting or beating its production numbers, improving per-well production and reserves, and enhancing well economics.”Antero Resources Corp. closed on Friday at $55.15.
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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