JC Penney – Next Amazon Victim…

JC Penney –  Today on ATA Research Radar 

 

ATA Following …

Macy’s

29.11.2019 – Macy’s – from Black Friday Originator to E-commerce Victim …

AMAZON 

7.05.2020 –  AMAZON – Tech Bulls Secular Fibonacci Extensions – May 2020…

 

JC Penney Strategic  Motives

E-commerce  Long Term Winning Strike 

&

Planning to file for Bankruptcy 

 

JCPenney

 

JC Penney   Present  Situation 

JC PENNEY  SECULAR SITUATION 

ATA MARKET MODEL IN LONG TERM ACTION  

 

ATA MIND OVER MARKETS

Hope is Not a Strategy 

Follow the Trendlines  Not the Headlines 

Failed Signal is the Strongest Signal

 

ATA MARKET MODEL 

First…Market Motive…

Second…Market Technical  Pattern…

 

First…Key Motives

above in this text…

 

Second…Market Technical  Patterns 

First of All

All Time High

87.18 USD   ( February 2007 )

All Time Low

0.1950 USD   ( May 2020 )

after Activated

Long Term Bear Reversal Pattern 

2B – Key Level 75.50 USD 

&

Dynamic Bear Wave 

with

Break down  All Supports

 

ATA Investment Conclusion 

AMAZON  – Next Victim 

special focus on

Psychological Key Levels 0.10 vs 0.20 US 

of course with

Today News from JC Penney

 

always remember

Market Trend always changed when Mainstream Media created 

One Slogan ” No Chance for Change “…

that’s why

Charts show you  Reversal Pattern First  ex ante…!!!

 

Risk strikes Fast…

Chart is More Important than 1000 Words…

&

Most Important s Final Smart Money Reaction…

First…EOM – May

 

JC Penney  Monthly Charts:

14.05.2020 – EOD 

JC Penney - M - Line

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Create a website or blog at WordPress.com

Up ↑

%d bloggers like this: