TradeHank’s play in JPM

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My next play of the day was in JPM which I found on my daily scan because of it’s prior day’s breakdown at Major Support.  My entry was below a 5 minute base which I took the breakdown with my stop over the top of the base.  My only regret is that lately I’ve stop shorting stocks that are not trading below the prior day’s close.  Once I could determine that price was not dropping with the market, I decided to exit on a strong flurry down with a very small gain.  Here is the chart on my play in JPM…

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