September 13, 2010 7:40 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.
AutoZone Inc (NYSE: AZO) was downgraded by Goldman from “neutral” to “sell.” AZO's shares closed at $217.90 on Friday. AZO's 52-week trading range is $135.13-$221.57. RW Baird downgraded Western Digital Corp (NYSE: WDC) from "outperform" to "neutral." WDC's stock closed at $25.65 on Friday. WDC's 52-week trading range is $23.06-$47.44. Credit Suisse downgraded CRH Plc (NYSE: CRH) from "outperform" to "neutral." CRH's quarterly earnings dropped 79.00% y/y. Precision Drilling Corporation (NYSE: PDS) was downgraded by Deutsche Bank from “buy” to “hold.” PDS' shares closed at $6.41 on Friday. PDS' quarterly earnings dipped 209.24% y/y.
More Analyst Ratings hereSee Some of the Top Moving Indexes
Here.
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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