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.
The Vetr crowd upgraded its rating Tuesday on United Parcel Service, Inc. (NYSE:UPS) from the stock's previous standing at 2 stars (Sell), issued 149 days ago, to 3 stars (Hold). Crowd sentiment at the time of the downgrade was generally positive, with 60 percent of Vetr user ratings bullish.
After spiking to an all-time high of $125.16 early in the month off an upgrade from Hold to Buy from Deutsche Bank, UPS has fallen into a tight range between $118 and $119. By noon on Tuesday's session, the stock was down slightly at $118.50.
See how crowdsourced ratings could help you time the market.
Currently, the Vetr crowd's average price target on UPS is down at $116.85, which is still above the average analyst price target of $112.93. Less than 2 percent of Vetr users are holding $UPS in their watch-lists.
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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