Goldman Sachs Initiates Level 3 Communications With Buy

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.

Goldman Sachs initiated coverage on Level 3 Communications, Inc. (NYSE: LVLT) with a Buy rating.The target price for Level 3 Communications is set to $67.Level 3 Communications shares have gained 28.85 percent over the past 52 weeks, while the S&P 500 index has surged 10.60 percent in the same period.Level 3 Communications' shares climbed 2.14 percent to close at $55.92 yesterday.

20-Year Pro Trader Reveals His "MoneyLine"

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