Trade Plan: SELL (at market close)
Here is what happened:
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Commentary: Our only bomb for the week. 4 wins – 1 loss and this was it. We felt it was going to whipsaw up initially but then retrace, but the numbers in the release were too hot and other than the retrace in the morning pre-market – it held its own. Because it was a slow pop, all the stockjumpers had their stops trigger and mitigated this loser. That’s just how its played.
Jump Zone Profit: -11.2%