The past 10 years JCPenney (NYSE: JCP) is just one immense head and shoulders.

For those of you who don’t know what that is, head and shoulders is one of the most reliable chart patterns in technical analysis. I will stay out of JCP until it breaks the neckline at around $14.50 with high volume.

Here is the largest head and shoulders in existence, the mother of all head and shoulders.

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