simplenothing

JWN Short - weakness into earnings

Short
NYSE:JWN   Nordstrom, Inc.
Expect we partially recover from the weakness over the last day. Prior support around 53 may serve as resistance. And then a lower low, hopefully down to 48.5.
Trade active:
Entered Short Combo trade for .40 debit. Sold 3 JAN20 35.2p / Bot 2 DEC16 42.5p
Trade closed: stop reached:
Went ahead and sold this at .40 (same price I bought it for). Maybe I'll try re-entering later.

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