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.
Advanced Micro Devices, Inc. (NASDAQ:: AMD) shares are trading higher by $1.19 at $15.30 in Wednesday's session.
The catalyst for the rally is a Q2 beat of 2 cents along with a sales beat of $60 million.
After a higher open, AMD continued in that direction surpassing its former 10-year high by a dime reaching $15.65 before reversing course. Since reaching that level, profit-takers have nudged it lower, but it has gone no lower than $15.10 as of 12:15 p.m. EST.
In order to post a 10-year closing high, AMD's stock will need to end the session above its February 27 close of $15.20.
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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