November 25, 2014 9:04 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.
On Tuesday, analysts at Stifel raised the price target on shares of Apple Inc. (NASDAQ: AAPL) from $115 to $130 and maintained the Buy rating. Aaron Rakers is updating the firm's estimates to include the impact of Apple Watch. Rakes expects an upward bias ahead of the Apple Watch launch. “A Lot of Unknowns, but Expecting Upward Bias Ahead of Late-C1Q15 Launch. While sizing the Apple Watch opportunity will remain a topic of much debate, we believe some investors will gauge this new category momentum relative to iPad adoption in 2010-2011.”“We model $13.1B of incremental Watch revenue in C2016 with 27.8M units shipped in C2016. Apple will include its Watch results in the Other Products category. With an initial 40% Apple Watch GM% estimate, and maintained iPhone, iPad, and other estimates, we increase our F2015 and F2016 revenue and EPS estimates from $213.3B/$7.69 and $242.2B/$8.88 to $218.9B/$7.85 and $253.3B/$9.22, respectively.”Shares of Apple Inc. recently traded at $119.20 up 0.5 percent Tuesday morning .
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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