On the 20^th of November 2014 I Know First algorithm released a bullish signal on its 1 month forecast for GLW. 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 11.69% in just 9 Days.

Key Numbers and Dates

Buy Recommendation

You would buy the stock on Oct, 20^th 2014 according to the I Know  First signal you received that morning of 66.80 and the fact that the stock closed above the 5 day simple moving average on the 17^th of October. You would buy the stock at the market opening price of $17.70.

Customized Forecast Sell Recommendation – 11.69% In 9 Days

According to the algorithm you would sell the stock on the 29^th of October at the market opening price of $19.77 based on the weak signal (below 10) you received before the market opened of  4.66. Your return of the trade would be 11.69%.

Market Sell Recommendation – 15.54% In 18 Days.

According to the 5 day simple moving average (SMA) you would sell the stock on Nov 7^th post market when the price closed below the 5 day SMA at the price of $20.45. The Total return without an algorithmic exit would be 15.54%.

Where could I have found this forecast?

GLW belongs to our “Top x Stock Picks + S&P500” universe.  On Oct 20^th, 2014 the stock’s position on the 1 Month table was 8, making available to “Top 10” and above subscribers.

What is GLW?

GLW is the stock ticker for Corning Incorporated, a global, technology-based corporation. The Company operates in five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials and Life Sciences. Below is the trade we forecast in relation to the last year.