Trade Plan: BUY (at market close)
Here is what happened:
(click to expand)
Commentary: This release happened a few days after the ISIS inspired Orlando shooting and the filibuster by democrat’s in Congress for more gun control. Despite the legislative headwinds in Congress – S&W produced solid numbers as we forecast they would and the trajectory was a big up move. Most of the analyst pundits were for a short move here.. and our trajectory analysis tech performed perfectly. We don’t always go against the grain, but we certainly do not listen to anyone outside our research-analysis pond for recommendations. This makes us rogue in Wall Street circles, but we rather like it that way, and the numbers in this game speak for themselves. We were a solid long on this even and all our members made a clean profit.
Jump Zone Profit: 13%
Thanks Enjoyed this…made a tidy profit