I asked for a stock this morning and like it when things pop in almost before I even finish the thought of asking. This morning it was UPS.
The chart made a lower high (as it currently appears), and I had the number 14 immediately as well. I thought of 14 as a percent and "saw" my symbol for the down direction, and the general impression for down.
I just did some dowsing on it and asked for the target price, which came in at $137. I was very happy to run the calculation of 14% taken from yesterday's close of $160 to find it is also $137!
Earnings are the morning of the 30th and I have this as only a 9 day kind of move with an additional date of 2/12 to keep in mind.
That's all!
The chart made a lower high (as it currently appears), and I had the number 14 immediately as well. I thought of 14 as a percent and "saw" my symbol for the down direction, and the general impression for down.
I just did some dowsing on it and asked for the target price, which came in at $137. I was very happy to run the calculation of 14% taken from yesterday's close of $160 to find it is also $137!
Earnings are the morning of the 30th and I have this as only a 9 day kind of move with an additional date of 2/12 to keep in mind.
That's all!
Comment:
Ok, so this was a dollar off, but I don't expect perfection, and am often way far from it! So I'm very happy with a $20 move that was pretty painless on this one.