ACH Stock – Quick Win: 19.63% Gain In 3 Days

ACH Stock

Aluminum Corporation of China (ACH) was a top stock pick based on predictive algorithm recommended to I Know First subscribers on July 9th for the 3-Day time horizon. ACH had a signal of 8.2 and a predictability of -0.12. In accordance with the algorithm, the company reported short-term capital gains of 19.63%.

Aluminum Corporation of China was part of the stock forecast that can be found in the “Risk-Conscious” Package.

The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks with four main categories:

  • top ten aggressive stocks picks that best fit for long position
  • top ten aggressive stocks picks that best fit for short position
  • top ten conservative stocks picks that best fit for long position
  • top ten conservative stocks picks that best fit for short position

Quick Wins ACH 9 Jul (1)

Aluminum Corporation of China Limited (ACH), together with its subsidiaries, manufacture and distributes of alumina, and primary aluminum and aluminum fabricated products in China and internationally.  Its subsidiaries operate through Alumina, Primary Aluminum, Trading, and Energy segments, each participating in a different link in the supply chain.

Headquartered in Beijing, Aluminum Corporation reported an impressive 3 day return despite the current volatility of China’s market.  Trade volume increased to 296,454 shares from a 3 month average of 241,211.  This corresponds to its recently low – rated relative strength index.  Share price closed at a record 1 year low of $8.66 on July 8th, then rallied the following 3 trading days.  This aluminum producer is headed in the right direction, from a country whose aluminum exports have increased by 30% already this year.

Before making any trading decisions, consult the latest forecast as the algorithm constantly updates predictions daily. While the algorithm can be used for intra-day trading the predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.

Missed the latest trend? Looking for the next best market opportunity? Find out today’s stock forecast based on our advanced self-learning algorithm