Dem456

Bearish Butterfly

NYSE:JCP   PENNEY (JC) CO INC
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3
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JCP , The numbers are a little tight on this one so I'm neutral. Still learning
Comment: moving down nicely to fill the pattern
Comment: still following my line, lets see the next few days
Comment: Still going down after some time now so thats a good sign, I recommend to always try and take money when the market makes it available. Selling 1/3rd of your position now would net you a profit and you can continue the rest of it downwards for the remaining 2/3.
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