March 28, 2014 8:45 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, Bank of America analyst Christopher Kuplent reinstated coverage on
Royal Dutch Shell plc (NYSE: RDS.A) with a Neutral rating and $73.68 price target.In the report, Bank of America noted, “We see RDS as one of the more challenged Global Supermajors within its peer group. We believe RDS falls short on visibility regarding the required recovery in OCF in order for its FCF to cover its budgeted capex as well as investors' shareholder return expectations. We therefore assume a dividend cut is avoided thanks to increasing gearing towards 20% by the end of the decade, but prefer higher FCF coverage and falling gearing available elsewhere in the sector.”Royal Dutch Shell plc closed on Thursday at $72.01.
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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