Long

JCP Oversold. Buy Potential Pump.

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 .
JCPjcpenneyTrend Analysis

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