mikeffi
Long

JCP toying with breakout

NYSE:JCP   J.C. PENNEY COMPANY INC HOLDING COMPANY
53 0 1
high options premiums may provide potential opportunity on break on 8.90 to the upside for short term covered call or credit spread.. Neutral candle with a test of $9 on low trading volume prior to long weekend. Need confirmation of break prior to entry
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