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.
Stocks on watch on the long side for tomorrow:
CBRX- breakout watch over 4
CT- stock had a huge upday today, but a break of 2.95 could set this one running again tomorrow. Gonna be watching this one right out of the gate for a quick move.(scalp most likely)
HLIT- breakout over 10
EXTR- caught some buys towards the end of the day. Seeking alpha article was put out right before the close saying its a 7 dollar price target, gonna keep an eye on it for volume
GLUU- keeping it on my watchlist for another move
WRES- stock is flagging, watch it if oil moves again
SHZ- stock flagging right under the 50dma, watch for a pop above it
OPXT- could bounce of 200dma, looks good for a swing right here
MNTX- on breakout watch over 6.4, if the volume is there, I might add early.
Short list:
DAC- not quite ready for the short yet, but got my eye on it
INHX- another up day and it might be ready for the short, gonna keep it on the watchlist. Waiting for it to get out of its upper bb and then show weakness.
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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