Stock Pattern Recognition Based on Stock Algorithm: Returns up to 7.52% in 3 Days

Stock Pattern Recognition

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s Stock Pattern Recognition tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

  • Top 10 stocks pick for the long position
  • Top 10 stocks pick for the short position

Package Name: Top 10 Stocks
Recommended Positions: Long
Forecast Length: 3 Days (03/09/2018 – 03/12/2018)
I Know First Average: 2.29%
Stock Pattern Recognition

For this 3 Days forecast the algorithm had successfully predicted 7 out of 10 movements. The highest trade return came from MU, at 7.52%. The suggested trades for LRCX and WDC also had notable 3 Days yields of 7.48% and 5.80%, respectively. The overall average return in this Top 10 Stocks package was 2.29%, providing investors with a 0.68% premium over the S&P 500’s return of 1.61% during the same period.

Micron Technology, Inc. (MU) through its subsidiaries, manufactures and markets dynamic random access memory chips (DRAMs), very fast static random access memory chips (SRAMs), Flash Memory, other semiconductor components, and memory modules. It is a part of the Semiconductor Devices industry.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.