jcpenney

matt.sulli42 matt.sulli42 PRO JCP, 120, Long , 5 months ago
JCP: New Price Level for JCP?
15 0 0
JCP, 120 Long
New Price Level for JCP?
The chart assumes a LT upward Elliot Wave trend, beginning at ER 1 to the present. I expect the corrective wave following impulse wave 5 to retrace p back to around the .61 retracement, but under the .786. Or does wave 4 actually end at the gap down, with impulse wave 5 just above the .5 retracement? This would ...
iamajeya iamajeya PRO JCP, W, Short , 6 months ago
JCP: JCP $6 target.
33 0 2
JCP, W Short
JCP $6 target.
JCP has done fake double bottoms before on 2013-10 and 2014-02 A new such Fake bottom is developing. Also is the start of an Elliott Wave impulse cycle. Note however how the Volume profile is heavily titled to downside and how volume practically vanishes on top. Fundamentally, they are trying a few new things and ...
DathanPyle DathanPyle JCP, W, 9 months ago
JCP: JCP
19 0 2
JCP, W
JCP
JC Penney is a great speculative stock with fundamental reasons to support that a turnaround is in progress. It seems to have bottomed in 2014 and is slowly gaining momentum and swings wildly with optimistic and pessimistic pushes. Overall, I like the stock but don't want to see it get out of hand in either ...
juicyjeff420 juicyjeff420 JCP, W, Short , 10 months ago
JCP: JCP at 70 on the weekly RSI is a joke
18 0 2
JCP, W Short
JCP at 70 on the weekly RSI is a joke
How dare JCP spend time around 70. History will show that JCP always gets punished
GreenCandles GreenCandles JCP, D, a year ago
JCP: Buy Strength, Not Weakness
15 0 0
JCP, D
Buy Strength, Not Weakness
Easy to try and call bottom on a stock that looks as cheap as $JCP but the fact is they are still losing money and the downtrend is in tact. Look for a stronger retail player.
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