Wednesday, April 01, 2015 3:30:21 AM
$JCP Thoughts
JCP doesn't hold a specific pps trend long. It broke a resistance of $8.25 on 3/31/15 and could reach the $9 area before being too overbought and falling. Support could re-form at $7.50 but for me the best support area is $6.75-$7 once a pull back begins.
JCP is a great swing trade IMO and that's why I put the 4/17/15 Call and Put option chains up.
JCP doesn't hold a specific pps trend long. It broke a resistance of $8.25 on 3/31/15 and could reach the $9 area before being too overbought and falling. Support could re-form at $7.50 but for me the best support area is $6.75-$7 once a pull back begins.
JCP is a great swing trade IMO and that's why I put the 4/17/15 Call and Put option chains up.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
