Powerful, long term rally in place here in JACK ( the owner of Qdoba Mexican Restaurant chain - competitor to Chipotle Mexican Grill CMG).
The price pattern is similar to a William O'Neill "Cup & Handle" but it hasn't broken out yet above 62 or 63.
The last pullback held the "Key Hidden Level" in the low $58 area and has turned back up above the last 8 days worth of highs. If JACK moves through 62 and 63, it will bring a lot of attention to the stock and likely put it on the front cover of IBD (Investors Business Daily).
Risk 59, target 64-65.
Tim 12:54AM EST 9/2/2014
The price pattern is similar to a William O'Neill "Cup & Handle" but it hasn't broken out yet above 62 or 63.
The last pullback held the "Key Hidden Level" in the low $58 area and has turned back up above the last 8 days worth of highs. If JACK moves through 62 and 63, it will bring a lot of attention to the stock and likely put it on the front cover of IBD (Investors Business Daily).
Risk 59, target 64-65.
Tim 12:54AM EST 9/2/2014
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Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.