I Know First Trade Report: TOO, 19.89% In 5 Days
On the 17th of December 2014 I Know First algorithm released a bullish signal on its 1 month forecast for TOO. 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 19.89% in just 5 days.
Key Numbers and Dates
You would buy the stock on Dec, 17th 2014 according to the I Know First signal you received that morning of 20.29 and the fact that the stock closed above the 5 day simple moving average on the 16th of December. You would buy the stock at the market opening price of $22.12.
Customized Forecast Sell Recommendation – 19.89% In 5 Days
According to the algorithm you would sell the stock on the 22nd of December at the market opening price of $26.52 based off the weak signal (below 10) you received before the market opened of 2.71. You return of the trade would be 19.89%.
Market Sell Recommendation – 16.63% In 9 Days.
According to the 5 day simple moving average (SMA) you would sell the stock on Dec 26th post market when the price closed below the 5 day SMA at the price of $25.8. The Total return without an algorithmic exit would be 16.63%.
Where could I have found this forecast?
TOO belongs to our “Top x Stock Picks + S&P500” universe. On Dec 17th, 2014 the stock’s position on the 1 Month table was 30, making available to “Top 40” and above subscribers.
What is TOO?
Too is the stock ticker for Teekay Offshore Partners L.P, an international provider of marine transportation, oil production and storage services to the offshore oil industry focusing on the fast-growing, deepwater offshore oil regions of the North Sea and Brazil. The company has seen its stock price decline over 33% in the last year due to the decline in oil prices. Below is the trade we forecast in relation to the last year.