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.
MingZhu Logistics Holdings Ltd (NASDAQ:YGMZ) shares are trading lower by 41.71% to $1.02 Tuesday afternoon as the stock pulls back after surging last week following a $34 million transportation agreement.
What Happened?
MingZhu Logistics last week announced a major next gen fuel transport cooperation, under which it will deploy 700 new generation hydrogen fuel cell vehicles.
On December 21, Mingzhu entered into a Letter of Intent with Shenzhen Kameng Automobile Sales and Services Co., Ltd., an authorized dealer of Dongfeng Liuzhou Automobile Company.
Based on the LOI, Mingzhu shall purchase 700 hydrogen fuel cell vehicles from Kameng and the vehicles shall be delivered from May 5, 2023 to October 5, 2023.
See Also: Why HTG Molecular Diagnostics (HTGM) Stock Is Popping Off Today
According to data from Benzinga Pro, YGMZ has a 52-week high of $6.50 and a 52-week low of $33.17.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!