April 15, 2014 10:23 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 Tuesday, Stifel analyst Tom Roderick initiated coverage on
Amber Road (NYSE: AMBR) with a Buy rating and $19.00 price target.In the report, Stifel noted, “Amber Road, originally founded in 1988 as Management Dynamics, is a leader in the rapidly evolving market for Global Trade Management (GTM) solutions, delivered by AMBR via a SaaS-based solution. As the demands for global trade efficiencies continuously increase for companies of all sizes, so do the requirements for automated systems and real-time information. We believe that Amber Road provides a comprehensive set of GTM solutions, augmented by a comprehensive package of global trade content that serves as a true differentiator in the marketplace. We are initiating coverage of Amber Road (AMBR) with a Buy rating and $19 target price.”Amber Road closed on Monday at $15.17.
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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