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Long JACK At $23.52

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November 02, 2010 – Comments (0) | RELATED TICKERS: JACK

The one other trade that I made to the portfolio today was Jack In The Box (JACK), off of a breakout of the bull flag (similar to GHL) that it had been trading in. The stock has already preformed very well, up already 1% from where I bought it. This pick actually came from one of our regulars in the chat-room (open to everyone), who happened to spot it breaking out. My entry into JACK was at $23.52.

Here is my chart analysis on JACK.

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