littleriver
Long

JCPenny Breakout Potential

NYSE:JCP   PENNEY J C INC
175 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.

Rebounds

2use
2 years ago
Indeed. I wonder if that is a smudged head and shoulders pattern on a larger scale?
Reply
littleriver 2use
2 years ago
Hi 2use

Not exactly sure what you mean? I see the IHS? Perhaps a chart will better get your point across.
Reply
2use littleriver
2 years ago
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
JPC - tight between several ideas
Reply
littleriver
2 years ago
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
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out