Since the big GAP, price has followed mid-term
I just re-enter short at 8.99 again, though target is 6.96 at the break up horizontal support, but i am more greedy and look forward that it will fill the GAP.
Look at the last chart of this link
P.S. like time, price can not turn back the clock and "literally fill up" the GAP/hole in Feb for JCP. but in the future if price drop back to 6 dollar, at least it it consider "filled".
Next step, once price is able to fill that GAP, i will monitor closely weekly and monthly chart to see if the potential double bottom would give me bullish divergence in RSI & MACD then i will buy a long call options til 2017!
in fact just be patience and concentrate on one stock, enough to learn Technical analysis