July 30, 2015 10:20 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.
(NYSE: PVA) shares dipped 29.56 percent to touch a new 52-week low of $1.43 after the company reported Q2 product sales of $118 million and GAAP loss of $1.19 per share. Penn Virginia also lowered its FY15 product revenue forecast.
Linn Energy LLC (NASDAQ: LINE) shares fell 19.97 percent to reach a new 52-week low of $5.17. Linn Energy reported Q2 GAAP earnings of $1.12 per share on sales of $322 million. The company also announced its intent to recommend suspension of distribution and repurchase around $599 million of senior notes at a 35 percent discount.
Whole Foods Market, Inc. (NASDAQ: WFM) shares reached a new 52-week low of $35.985 after the company reported downbeat earnings for its fiscal third quarter and issued a weak forecast.
Qorvo Inc (NASDAQ: QRVO) shares touched a new 52-week low of $59.64 after the company issued a weak Q3 forecast.
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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