We completed 5 Jumps, 4 Winners and 1 Miss – 10.4% Positive Jump Zone
Here is how it played out –
Jump 1 – United Natural Foods Inc. [UNFI] – Jump Zone Profits of 6.5%
This was a fast mover as it hit our Take Profit within the first 5 min after market close
Jump 2 – Ascena Retail Group Inc [ASNA] – Jump Zone Profits of 5.6%
Jump 3 – Rite Aid Corporation [RAD] – Jump Zone Miss of of 9.8%
RAD was a bomb… A great example of what we wanted but wrong direction.
Jump 4 – Oracle Corporation [ORCL] – Jump Zone Profits of 4.6%
Jump 5 – Adobe Systems Inc. [ADBE] – Jump Zone Hit 3.5%
We had this as a sell. It bumped up at first and then dropped to about 3.5% – based on your entry you may have hit your 5% TP – if you entered an hour before or right after the bump up. Being nibble was the key to this trade as is shot up at open.