Stocks Making: Jack-in-the-Box Bullish on
Rules (via 'Hit & Run Trading II'):
Day 1 - Stock must make an expansion breakout (XBO).
Day 2 - Stock must form an inside day.
Buy the day after the inside day, 5 cents above the XBO day's high and risk one point.
If the stock closes strongly in the top of the day's range, hold at least half of your position overnight, as it's likely to follow through the next day.
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