I Know First Trade Report

On the 2nd of June 2015 the I Know First algorithm released a strong bullish signal of 67.37 on its 1 Month forecast for LinkedIn (LNKD). On that day LNKD opened at $200.08, moving $1.13 above the 5 day simple moving average of the stock price, which is a strong position to buy a stock at. Below is the original forecast, and the resulting trade which made 7.44% in 6 Days.

Key Numbers and Dates

Buy Recommendation

You would buy the stock on Tuesday, June 2nd according to the I Know First signal you received that morning of 67.37 and the fact that the stock opened above its the 5 day simple moving average. You would buy the stock at the market opening price of $200.28.

Customized Forecast Sell Recommendation

The signal was stronger than 10 at all points between the 2nd and 8th of June. Thus the exit trigger was not the signal from the algorithm yet.

Market Sell Recommendation

According to the market rule you would sell the stock on after the market opening on June 9th, because the opening price went below the 5 days simple moving of that day. If you would have bought the stock according to the strong signal and the fact that the stock was above the 5 day simple moving average after market opening on June 2nd, you would have made a return of 7.44% in 6 trading days.

Where could I have found this forecast?

LNKD belongs to our “Top x Stock Picks + S&P500” universe.  On June 2nd, 2015 the stock’s position on the 1 Month table was 2, making it available to “Top 5” and above subscribers.

What is LNKD?

LinkedIn Corporation is a professional online network. The Company’s three product lines include Talent Solutions, Marketing Solutions and Premium Subscriptions. Below is the trade we forecasted in relation to the last 3 Months.