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 salesforce.com, inc. (NYSE: CRM) have lost more than 7.6 percent in September. The Vetr crowd seems to believe this has unlocked some room for upside, as evidenced by its average price target of $75.86. This target implies a potential return of roughly 3.6 percent from current valuations.
Related Link: Here's How Crowdsourced Ratings Can Beat The Market
Seeking to better reflect the upside potential, the Vetr community decided to upgrade its rating on shares of Salesforce on Wednesday, from 3.0 stars (Hold) to 3.5 stars (Buy), out of a possible five-star rating.
It should be noted that, pretty much in accordance with the new rating, 72 percent of the crowd’s ratings are bullish at the time.
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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