August 1, 2014 9:42 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, Deutsche Bank analyst Greg Poole reiterated a Buy rating on
Tableau Software (NYSE: DATA), and raised the price target from $75.00 to $80.00.In the report, Deutsche Bank noted, “Heading into Tableau's 2Q, the topic of interest was the likely size of the beat and where buy-side expectations were. In our view, Tableau exceeded this bar, posting 82% revenue growth to $91 million, well above the $75-$80 million guide, and 80% license growth to $60 million, well above our $50 million estimate. Tableau achieved this while posting 8% non-GAAP operating margins and 20% OCF margins, an impressive performance relative to Tableau's 50%+ growth peers. Tableau raised its 2014 revenue guidance to $366-$372 million (up 60% at the high end) from $340-$350 million and its non-GAAP operating margin to $5-$10 million from ‘flat to negative $10 million'. Buy.”Tableau Software closed on Thursday at $65.00.
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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