smcjg

JC Penney 4 Wave Scenario

Long
NYSE:JCP   None
Taking into account this scenario, the share price may be rebounding to a bullish scenario for the following weeks. The target may well be $5.78 taking the 2016-08-12 as the beginning of the 2 Elliot bearish wave. Stops below $3.08.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.