Microsoft: +1% in two days
Our analysts considered buying Microsoft stock on Friday, October 7. Thus, we published the question below in our mobile application:
Shares of Microsoft Corporation (MSFT) closed at $57.64 on Wednesday, October 5. Will Microsoft stock close above that price on Thursday, October 13?
According to Cindicator users, the probability for Microsoft to close above $57.64 on October 13 was 65%. Therefore, we decided to buy Microsoft stock at open on Friday, October 7. We went long at 9:49 AM at $57.6, and the stock climbed to $57.98 that day. However, we decided to hold our position longer (because it was a weekly signal). We closed half of the position at $58.36 and another half at $58.01 on Monday, October 10.
Overall, gross profit was more than 1%.
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