August 22, 2014 10:43 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.
Peregrine Semiconductor (NASDAQ: PSMI) shares moved up 61% to $12.38. The volume of Peregrine Semiconductor shares traded was 12080% higher than normal. Murata Electronics North America announced its plans to acquire Peregrine Semiconductor for $12.50 per share in cash.Dynegy (NYSE: DYN) surged 9.15% to $32.44. The volume of Dynegy shares traded 2523% higher than normal. Dynegy announced its plans to acquire assets from Duke Energy (NYSE: DUK) and Energy Capital Partners for a total consideration of $6.25 billion.TravelCenters of America LLC (NYSE: TA) shares climbed 5.45% to $10.26. The volume of TravelCenters of America shares traded was 2239% higher than normal. TravelCenters of America reported Q1 earnings of $0.01 on revenue of $1.97 million. Qunar Cayman Islands (NASDAQ: QUNR) shares rose 5.96% to $30.77. The volume of Qunar Cayman Islands shares traded was 632% higher than normal. Qunar posted a Q2 net loss of RMB421.6 million (US$68.0 million), versus a year-ago loss of RMB41.2 million.
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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