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.
Facebook Inc (NASDAQ: FB) will report Q1 earnings Wednesday afternoon.
While shares of Facebook traded in negative territory throughout Wednesday's session, the stock rallied over the last hour of the day and are set to close down just $0.20.
Analysts expect Facebook to issue quarterly earnings around $0.62 per share, on sales of about $5.26 billion.
The majority of Wall Street analysts are bullish on Facebook heading into the quarterly print. Out of nearly 40 analysts covering the stock, just three analysts have a Hold or the equivalent Neutral rating. Only one analyst, SocGen's Simon Baker has a Sell rating. The remainder have the equivalent of a Buy rating.
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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