jangseohee

JCP, gap filling in process

NYSE:JCP   PENNEY J C INC
274 4 3
Well, even since the hit 5.05 back in Feb, within only a matter of 3 weeks, price broke up and left a Huge gap from 5.05 - 6.99.
Most of the time, GAP are liken to magnet that will draw price to fill it somehow in future
Seems like filling process has started after a broke down from bearish flag in accelerated downtrend channel
And gap filled :D
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jangseohee IvanLabrie
Not yet my friend, perhaps i am super fuzzy, my GAP filling requirement, it MUST be filled with only solid candles, wicks not counted
snapshot
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IvanLabrie PRO jangseohee
Profit is profit, I figured you had a tp around there...
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jangseohee IvanLabrie
shorted upon the gap down, exited at 5.94
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