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JCP - Jumping over $10
JCP has a few things going for it. We have a nice Fib setup, if we can see some stability above 9.20, We could see the price jump up to 10.35. Also, this same level is the high from back in December. I usually love the 1.618 extension, but with so much resistance coming at the 1.27, i would be leary of pushing to hard for more money.
Also earnings come out soon for JCP. This could also give it that little extra kick to push it even further up (or down i guess)
Also earnings come out soon for JCP. This could also give it that little extra kick to push it even further up (or down i guess)
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