Trade Plan: SELL (at market close)

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Here is what happened:
(click to expand)


Commentary: Our initial data set had this as a mixed trade with both up and down action – which it did. Our call was to trade it short – even though both short and was the optimum trade. Those in the trade room watched as the release proved as anticipated – they beat om the bottom line (rev was in-line) and the stock dropped 5.8%.  Most took proft here which was the safe bet as it see-sawed its way back up for an 8% long move.

Jump Zone Profit: 5.8%

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