littleriver
Long

JCPenny Breakout Potential

NYSE:JCP   J.C. PENNEY COMPANY INC HOLDING COMPANY
176 4 1
JCP             , after breaking out on earnings , has really fell flat. Now that things have settled down, it might be a great time for this rabbit to run while no one is watching. I have a first target near 9.80 and two other targets to follow represented by the green lines.
Jcp has broken out of the wedge, crossed the 230EMA and reached my first target, though not the way I originally saw it. Here is a new fork with a new time line to the second target.
snapshot
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Indeed. I wonder if that is a smudged head and shoulders pattern on a larger scale?
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Hi 2use

Not exactly sure what you mean? I see the IHS? Perhaps a chart will better get your point across.
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2use littleriver
Did so now - seems that there were enough of ideas to bring to attention in one chart. Lets see how we can get an idea into a better one cumulatively
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