Trade Plan: SELL prior to release and BUY the retrace back up
Link to the Jump Report
Here is what happened:
(click to expand)
Commentary: Wow. What a call. Did exactly as we forecast. Rather than pat ourselves on the back too much… here is an article as to precisely why it did what it did – EVEN THOUGH IT WAS A BEAT.
As Usual, Starbucks Plays It Conservative in Posting Mixed Results
We love it when a complex trade works as we analyze.
Jump Zone Profit: 5% down and 4% Up (9% Total)