As you can see in the chart, Friday’s unusual strength was more than given back yesterday, and today’s bounce was unable to overcome the 50DMA. All the pieces to this trade don’t quite line up as well as we would like, but the the reward to risk is quite favorable. This might not be a trade for the risk averse. Bought 20% size of JDST @ $62.85 Target @ $71.98 Stop @ $60.68
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