Price is consistently close above 38.2% Fibonacci of Last week Bull candle which might indicate the price intend to make further correction upwards. Long EURUSD looks promising with tight stoploss around 1.1075.
With weekly and daily price closure maintain above 21-Day Moving Average, its indicate price is intend to move further upward towards 1.00 per share price. However, the closure of the price need to be consistently above 0.7500 to support the bullish movement. Best buy price is around 0.730-0.750 with Stop below 0.700.
Easy to try and call bottom on a stock that looks as cheap as $JCP but the fact is they are still losing money and the downtrend is in tact. Look for a stronger retail player.