Jack In The Box Inc. (NASDAQ: JACK) released its fourth-quarter financial results on November 22, 2023. The company reported earnings of $1.09 per share, which fell short of the estimated $1.15 per share. However, the revenue exceeded expectations, reaching $372.524 million compared to the projected $372.382 million. Despite this, the revenue saw a decline of 7.5%...
Hey my friends, JACK IN THE BOX is in a fake downtrend with high buy volume early in the session and hammer candle. The TIMEFRAME M1 we watch a marubozu with a low volume of purchase made. There is a good chance that the price will breakout and then put it away to arrive in a new one. And go to the last previous higher with an attempt to join the older...
Contextual immersion trading strategy idea.
Jack in the Box operates and franchises Jack in the Box quick-service restaurants.
The demand for shares of the company looks higher than the supply.
Due to the spread of COVID-19, the company's revenue fell.
But the share price fell more and the company looks oversold.
These and other conditions can cause a rise in...
JACK missed earnings last quarter and the price rose large. When going back several quarters on earnings days there is often a big move: when the price is stable and rising it had fallen; stable and falling it will rise. It’s currently in a stable fall with some resistance above and below.
Earnings are scheduled to announce after the closing bell, so there is...
$JACK keeps looking more and more interesting. While it is hard to buy a stock that keeps making new highs, the recent price action tells us that someone is accumulating a position.
We are seeing more green days than red days in $JACK.
@Ivanoff tweeted today that something is brewing and we agree. We've been watching $JACK for some time and haven't pulled the...
Thankfully NASDAQ:JACK and NYSE:SHAK have taken the spotlight from BYND meat for the right reasons. It happens that people dont want a vegetable infused protein burger that much, traditional burger lovers have obviously not relented, PRAISE THE LORD.
If you fancy getting in on the trade maybe wait for the weekly resistance to break, plenty of upside awaits.
After premium products drove down comparable sales in the first seven weeks, Jack in the Box, in the middle of the first quarter of the current financial year has shifted to a more value-based approach. The new strategy, which will continue for the remainder of the year, arrested the slide in comp sales with minimal or no impact on the gross margin. This weeks...
Why this play?
it's been running for a few days, finally getting weak here. need to reset the rsi for a bit so im going in for a quick scalp.
Entry $81.24
Take profit $79.57
stoploss 82.57
