Trade Plan: BUY (Before Market Close)
Here is what happened:
(click to expand)
Commentary: This one should not have been a loser. They beat soundly and forward guidance was within expectations. It went down any way.. way down. This was a disappointment, not because it was a loser, but truly there was little rational for the huge drop. As you can see 2 days later looking at the chart – it is almost back to where it started and long term (even though we don’t trade long-term) this one will likely be trading in the 15’s soon.
Jump Zone Profit: -23%