Trade Plan: BUY prior to release
Link to the Jump Report
Here is what happened:
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Commentary: There release was a solid beat and we expected this one to take off – but it dipped at first (during the broad market rout) and then the following day after the Street and investors caught their breath it performed as expected. Depending on your setting you could have lost money n this trade – though we did get the release data correct and consider it an overall winner.
Jump Zone Profit: 11%