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timwest

Jack OUT of the Box - JACK - Daily - Big breakout on volume

Long
Jack In The Box Inc. (NASDAQ:JACK)  
timwest Wizard  
NASDAQ:JACK   Jack In The Box Inc.
6
3
Republishing JACK (Jack In The Box Inc) and the strong uptrend that was in place as new Qdoba Restaurants are opening and building momentum and investor awareness. Given how cheap JACK is relative to CMG, there is a very nice arbitrage play between a long position in JACK and a short position in CMG.

I'll put another chart together to show the setup.

Have a great weekend.

Tim 4:39PM Friday, September 26, 2014
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