Trade Simulator Using I Know First Algorithms: 48.48% in 14 Days
I Know First Trade Simulator
On the 27th of March 2015 the I Know First algorithm released a bullish signal of 69.13 (first place that) on its 1 Month forecast for Yanzhou Coal Mining Co. Ltd. (YZC). YZC is an American Depositary Receipt (ADR) of Yanzhou Coal Mining Co. Ltd. On that day YZC opened at $7,29 and by that moved 3 cent above its 5 day simple moving average, which is a strong position to buy a stock at. Below is the original forecast, and the resulting trade which made 48.48% in 2 weeks.
Key Numbers and Dates
Buy Recommendation
You would buy the stock on Monday, March 27th according to the I Know First signal you received that morning of 69.13 and the fact that the stock opened above the 5 day simple moving average from Friday 6th of March. You would buy the stock at the market opening price of $7.92.
Customized Forecast Sell Recommendation – +48.48% in 2 Weeks
The signal was stronger than 10 at all points between the March 27th and April 8th. On the morning of April 9th the Signal for YZC became very bearish with a signal strength of -26.26. The Signal is the exit Trigger for this strategy as soon as the Signal drops below 10. In this case the Signal dropped right the way down to -26.26 and triggered the exit. Selling the Stock at the opening price of $11.76 on April 9th would have made a return of 48.48% since March 27th.
Market Sell Recommendation
According to the 5 day simple moving average you would have missed the peak on April 9th to sell the stock.
Where could I have found this forecast?
YZC belongs to our “Top x Stock Picks + S&P500” universe. On March 27th, 2015 the stock’s position on the 1 Month table was 1, making it available to “Top 5” and above subscribers.
What is YZC?
YZC is an American Depositary Receipt (ADR) of Yanzhou Coal Mining Co. Ltd. Below is the trade we forecast in relation to the last 3 Months.
Sign up to get the latest forecasts