August 6, 2014 8:06 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 Wednesday, Pacific Crest Securities analyst Evan Wilson reiterated an Outperform rating on
Activision Blizzard (NASDAQ: ATVI), and raised the price target from $21.00 to $27.00.In the report, Pacific Crest Securities noted, “Revenue and EPS were $658 million and $0.06 versus our estimates of $625 million and $0.03. The Activision segment missed, likely from weaker catalog and sales of Spider-Man and Transformers licensed titles than we expected. Blizzard posted upside from the Diablo 3 expansion, World of Warcraft (WoW), Hearthstone and catalog. WoW subscribers were 6.8 million, down from 7.6 million sequentially; however, online subscription revenue was relatively in line, suggesting that the user losses were mostly from China.”Activision Blizzard closed on Tuesday at $22.36.
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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