After premium products drove down comparable sales in the first seven weeks, Jack in the Box, in the middle of the first quarter of the current financial year has shifted to a more value-based approach. The new strategy, which will continue for the remainder of the year, arrested the slide in comp sales with minimal or no impact on the gross margin. This weeks...
Why this play? it's been running for a few days, finally getting weak here. need to reset the rsi for a bit so im going in for a quick scalp. Entry $81.24 Take profit $79.57 stoploss 82.57
this correct is done or will complete soon for more upside. old projection in black bars
Entry Short Signal at $86.11 Cover at $84.72 Profits $12.980
Risky and with low RR. Eventual Support zone is extended.. keep finger crossed
Some people have problems with the idea and concept of short selling stocks and others think that is illegal and immoral. From my point of view I only focus in the technical aspects, in the case of short selling the concepts are rotated 180 degrees For example to buy stocks the ideas I publish are based in resistance becomes support Here it happens backwards,...
Weekly 61.8% Fibonacci retracement Overall uptrend Always use stops! Cheers.
JACK looks pretty interesting short setup. It had a huge decline below MA200 & holding this support now. Moneyflow has plummeted. It has huge downward potential if it can break the support label. * Trade Criteria * Date First Found- March 2, 2017 Pattern/Why- Support breakdown Entry Target Criteria- Break of $92.77 Exit Target Criteria- Momentum Special...