Swing Trading Based on Pattern Recognition: Returns up to 21.43% in 3 Days

Swing Trading

Best Australian Stocks: This forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

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

Package Name: By Country – Australian Stocks
Recommended Positions: Long
Forecast Length: 3 Days (12/31/2017 – 01/03/2018)
I Know First Average: 6.90%
Swing Trading

The algorithm correctly predicted 9 out 10 of the suggested trades in the By Country – Australian Stocks Package for this 3 Days forecast. DRM.AX was the highest-earning trade with a return of 21.43% in 3 Days. Additional high returns came from DCN.AX and RMS.AX, at 8.57% and 7.79% respectively. The package had an overall average return of 6.90%, providing investors with a 5.67% premium over the S&P 500’s return of 1.23% during the period.

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.