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.
Shares of Netflix, Inc. (NASDAQ: NFLX) cratered in Monday's after-hours session. The streaming service posted a big EPS beat, but came up well short where it counts.
Here are the numbers, as reported on Benzinga Pro:
- Netflix Reports Q2 EPS $0.09 vs. Est. $0.02, Rev. $2.11B vs. Est. $2.11B
- Netflix Sees Q3 Int'l Streaming Sales $846M, Int'l Streaming Net Adds 2M
- Netflix Sees Q3 Total Streaming Sales $2.16B
- Netflix Subscribers Grew By 1.7M Members Q2, Below Forecast Of 2.5M Net New Members
- Netflix Says 'We are growing, but not as fast as we would like or have been'
The stock traded recently at $84.50, down more than 14 percent in the after-hours session. Shares closed at $98.81.
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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