Intraday Update: JWN

August 03, 2022

Intraday Update: JWN

As mentioned in yesterday's note, JWN needed to be on close watch as the stock approached the key 200day sma, and unfortunately, a rally into that level today is triggering the stop for the trade. The Sep16 $22.50 -$ 17.50 put spread needs to be closed before the stock can trigger a major downtrend breakout.

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Trader Author Portfolio Holdings

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