jangseohee

Press "Reset" Button is easier perhaps

NYSE:JCP   PENNEY J C INC
180 3 1
Oh dear me, after almost 32 years of business, price of this pretty household departmental store is back to where it started! I reckon the business is tough although it did have some very good years.
Does it still capable of turning around?

Two major resistance in play:
1st: immediate resistance at 11.0
2nd. break up this level will be testing 15 next.

P.S. There is still a 6.0 - 7.0 breakaway GAP to be filled if 11.0 level is rejected.

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jangseohee
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jangseohee
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still inside that triangle
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