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.
Shares of Tripadvisor Inc (NASDAQ: TRIP) are down more than 26 percent year-to-date. Following such a decline, the Vetr community seems to believe the stock has plenty of room for upside.
Related link: Here's How Crowdsourced Ratings Can Beat The Market
Accordingly, top raters at the Vetr community decided to upgrade their rating on the stock from 4.0 Stars to 4.5 Stars -- out of a possible 5.0 Star rating. The new rating reflects the crowd’s average price target of $71.15, which implies a 13.4 percent upside potential from current valuations.
Finally, investors should notice that 70 percent of the crowd's ratings are bullish.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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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