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Short

$JCP: Short Setup

BATS:JCP   PENNEY J C INC
422 4 1
Flag appears to be setting up. Expecting a breakdown around $23.60 unless major bullishness news is released over the next few days. Stochastic is in overbought territory and should reverse soon. Nice swing setup here.
Followed.
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Followed.
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Target 1 Reached.
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Agreed.
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