JP Morgan Initiates Ardmore Shipping With Overweight


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.


JP Morgan initiated coverage on Ardmore Shipping Corp (NYSE: ASC) with a Overweight rating.The target price for Ardmore Shipping is set to $16.Ardmore Shipping shares have dropped 3.91 percent over the past 52 weeks, while the S&P 500 index has surged 12.61 percent in the same period.Ardmore Shipping shares climbed 2.04 percent to close at $12.53 on Friday.

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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Posted In: InitiationAnalyst RatingsJP Morgan