Just move (JCP) JC Penny; from watch to strong watch, again. It had an ascending triangle failure on some talking head blurbs. Which resulted in a gap below fill, instead of continuation breakout. Seems rumors and opinions are wafting away and sentiment is being set correct by previous investor phycology.
If the bear flag reaches 10.80 FIBs 61%, it will have failed and top resistance @ 11.20 may be broken after all. My play $10.80 to 11.20 for 5%. Was watching for ascending triangle play originally.
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