Trade Plan: SELL (before market close)
Here is what happened:
(click to expand)
Commentary: Click to open the chart on this one… As you can see the whipsaw up on the first few candles before close (though not enough to stop us out… and then a solid down move as forecast. Overall it was an 18% move even with their beat. Our data was solid – even though trading this you may have been nervous as it moved back up. For most StockJumpers they got out at the 10-11% initial drop and called it day. Good trade. Good profit.
Jump Zone Profit: 18%