juniortrader
Long

JCP Bullish Triangle

NYSE:JCP   PENNEY J C INC
Bullish triangle on the JCP             chart, watch for a breakout if the price clearly passes and closes above resistance. Chart also has clear indicators of a stong trend with the DMI             showing an uptrend and the Aroon showing new uptrend. Would like to see an increase on the OBV along with the others for clarification of a strong trend though.
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