I Know First Trade Report: SNDK, 10.15% In 2 Weeks
On the 21st of October 2014 I Know First algorithm released a bullish signal on its 1 month forecast for SNDK. At the same time the price moved above the 5 day simple moving average of the stock’s price, which is a strong position to buy a stock at. Below is the original forecast, and the resulting trade which made 10.15% in just 2 weeks.
Key Numbers and Dates
You would buy the stock on Oct, 21st 2014 according to the I Know First signal you received that morning of 94.32 and the fact that the stock closed above the 5 day simple moving average on the 20th of October. You would buy the stock at the market opening price of $85.59.
Customized Forecast Sell Recommendation – 10.15% In 2 Weeks
According to the algorithm you would sell the stock on the 4th of November at the market opening price of $94.28 based on the weak signal (below 10) you received before the market opened of 7.94. Your return of the trade would be 10.15%.
Market Sell Recommendation – 9.22% In 16 Days.
According to the 5 day simple moving average (SMA) you would sell the stock on Nov 6th post market when the price closed below the 5 day SMA at the price of $93.48. The Total return without an algorithmic exit would be 9.22%.
Where could I have found this forecast?
SNDK belongs to our “Top x Stock Picks + S&P500” universe. On Oct 21st, 2014 the stock’s position on the 1 Month table was 2, making it available to “Top 5” and above subscribers.
What is SNDK?
SNDK is the stock ticker for SanDisk Corporation, a company that designs, develops, markets and manufactures data storage solutions in a variety of form factors using its flash memory, controller, firmware and software technologies. The Company’s solutions include solid state drives (SSDs), removable cards, embedded products, universal serial bus (USB), drives, digital media players, wafers and components. Below is the trade we forecast in relation to the last year.