From Ric Spooner:

A couple of big green candles and some gapping action have put JB Hi Fi on my traders’ watch list.

On Friday JBH opened lower and moved down to fill the gap it created with Thursday’s opening. It then staged an impressive intraday rally to finish up a cent on a day in which the index fell 0.95%

This all followed a strong gapping move above the 200 day moving average on Wednesday:

chart of jbh.asx