Jack-in-the-Box Bearish End-of-Day Signal Discussion
Rules (via 'Hit & Run Trading II'):
Day 1 - Stock must make an expansion breakdown (XBD).
Day 2 - Stock must form an inside day.
Sell short the day after the inside day, 5 cents below the XBD day's low and risk one point.
If the stock closes strongly (weakly) in the bottom of the day's range, hold at least half of your position overnight, as it's likely to follow through the next day.
Recent Comments
- SwingTradeBot on Market Recap for Wednesday, February 28, 2024
- SwingTradeBot on Market Recap for Tuesday, February 27, 2024
- SwingTradeBot on Market Recap for Monday, February 26, 2024
- SwingTradeBot on Market Recap for Friday, February 23, 2024
- SwingTradeBot on Market Recap for Thursday, February 22, 2024
From the Blog
Featured Articles