Stocks Making: Jack-in-the-Box Bearish on

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.

      • Related Scans: Bearish Range Contraction Swing Setup Low Volatility
    *How Date Range Works*
      Reveal More Scan Criteria Below...
    Symbol Grade Close % Change Volume Vol Surge
    POWW 1.3500 28.57 22,400 2.01
    FNGR 1.7000 14.86 2,100 1.05
    Related Scans: Bearish Range Contraction Swing Setup Low Volatility
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