NYSE:JCP It is too risky to invest now in this stock. Technical Analysis shows a bearish market, that could move sideways if an agreement with the lenders will be found, otherwise it might file for bankruptcy and most likely all the money invested will be lost. Fundamental Information. The company, once worth billions, is now valued at just $79 million, with...
Just Hold Technical Analysis - check the differences between JCP price movement and Macy's or TJX. those two seem that they have already digested the coronavirus and they are ready to change direction (When?? we do not know). JCP keeps going down Fundamental Analysis: J.C. Penney could file for bankruptcy as soon as May 15. It is in talks to fund its business...
Dates in the future with the highest probability for price direction reversals
Just a notice, NOT trading advice. JCP has taken high at 1.23 and got -10% since yesterday because of bad news about KSS. Looks like JCP grow is going to continue and possibly it's a good time to come in, at least for a short time. What do you think?
J. C. Penney Company, Inc. is an American department store chain with 865 locations. It is a micro-cap @$187million. This upcoming earnings, this companies fate will be decided as the street awaits details of long-term plan. If the stock remains below $1 for a period of 30 consecutive business days, they will face delisting from the NYSE market. JCP...
PARIS (Reuters) - U.S. sales at beauty retailer Sephora picked up in the second quarter after a sluggish end to 2018, its parent LVMH said on Wednesday, citing its continued tie-up with U.S. department store J.C. Penney. The 117-year-old money-losing chain, based in Plano, Texas and which has rolled out hundreds of Sephora shops within its stores across the...
We have entered oversold territory where we have seen a previous large rejection from - Led to a 50% increase. After consolidating around 1.20 for a few session we had positive earnings that led to another 50% rally of 1.20. Even though earning where just negative this is oversold territory for JCP .
JCP have many bad fundamental and financial data, this company is currently holding a debt level at 4.02B, with An estimated $2.1B in loan payments come due in 2023, even Warren Buffett Avoid this stock. But this company still in progress to climb up. At previous earning, JCP surprise 0.20 (566.67%) higher than 0.04 estimated, JCPenney plans to close 18...
* Some indicators are looking bullish on D1 * Conditions are ready for retracement which spotted with targets.
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.
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 bring p currently to the midst of wave b of a...
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 throwing a lot of things on the wall to see what...
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 direction. It's path of least resistance right now...