Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[risk on]

My broker buddy wanted to know if he should send a client into JCP, I said anyone w the least amount of tech abilities could see this double bottom, as well as the fact anytime you have a gap down in oversold range , and an intraday reversal, it's one of the best but indicators there is! If it opens higher tomorrow, it's confirmed, but I hate gaps, unless they fill same day, and then pivot back, and JCP has a history of just those moves. In fact, they occurred all throughout last mini run.