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Pretty much. :-) I just updated my take on JCP based on what happened today actually. I was "forced" to now loooower my long term minimum buy target on JCP to 2.25 from the previous 2.70. I also outline how you can determine major support/resistance areas on any stock you track using the method I outline in my blog on JCP here...

https://steemit.com/jcp/@joejustjoe/7-31-17-follow-along-as-alexmorris-and-i-try-to-save-j-c-penney-jcp-from-jeff-bozo-and-amazon#@joejustjoe/re-alexmorris-re-joejustjoe-re-alexmorris-re-joejustjoe-re-alexmorris-re-joejustjoe-7-31-17-follow-along-as-alexmorris-and-i-try-to-save-j-c-penney-jcp-from-jeff-bozo-and-amazon-20170812t034538435z

Checking it out, thanks JJJ