Stocks Making: Jack-in-the-Box Bearish on 12/17/2018

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.

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    Symbol Grade Close % Change Volume Vol Surge
    CVRR 10.84 -1.54 740,900 1.80
    ECPG 22.45 2.00 320,000 0.80

    Related Scans: Bearish Swing Setup Low Volatility Range Contraction
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