Trade Analysis Using I Know First Strategy: TSLA, 4.64% In 12 Days

 Trade Analysis Using I Know First Strategy

On the 18th of December 2014 I Know First algorithm released a bullish signal on its 1 month forecast forTSLA. 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 4.64% in just 12 days.

Trade Analysis Using I Know First Strategy

Key Numbers and Dates

Buy Recommendation

You would buy the stock on Dec, 18th 2014 according to the I Know  First signal you received that morning of 99.81 and the fact that the stock closed above the 5 day simple moving average on the 17th of December. You would buy the stock at the market opening price of $212.38.

Market Sell Recommendation – 4.64% In 12 Days.

According to the 5 day simple moving average (SMA) you would sell the stock on Dec 30th post market when the price closed below the 5 day SMA at the price of $222.23. The total return would be 4.64%. In this case the algorithmic exit strategy is the same as the Market Strategy.

Where could I have found this forecast?

TSLA belongs to our “Tech Stocks” universe.  On Dec 18th, 2014 the stock’s position on the 1 Month table was on the top 5 positive signals, making available to “Top 5 Stock Picks + S$P500” and above subscribers.

TSLA forecast

What is TSLA?

TSLA is the stock ticker for Tesla Motors, Inc., an American company that designs, manufactures, and sells electric cars and electric vehicle powertrain components. Tesla owns its sales and service centers and Supercharger stations. In addition to the Company’s own vehicles, it designs, develops, manufactures, and sells advanced electric vehicle powertrain components to other automotive manufacturers. Below is the trade we forecast in relation to the last year.

TSLA year graph