JACK in the box: Earnings winner + Ascending Triangle

[AlmoSl]

Jack In the Box (JACK) was up today on earnings before getting stuck at the recent range highs which form the resistance line of a bullish ascending triangle continuation setup. I'm looking for a follow through breakout over 61.50 to start a position for a swing trade (few days/weeks) higher.

[aotvfdqd81]

JACK chart update here. Testing breakout area on daily again. I'm long some with more defined risk level around 59 based on support there earlier in August.

http://onlinetradersforum.com/attachments/jack-jpg.41177/

[Aminahony]

Good morning Blaine, is it too late to play JACK? Is there any other positions you are currently in?

[AnthonyNiz]

I still have some JACK, and I manage/open/close lots of positions each day.

[atucagugebe]

Sold out my JACK today, 68.60's, will revisit dips or future setup. Nice swing trade though! Congrats if you made money here as well.