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I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! You’re likes and comments encourage me to continue this. Stay tuned great live stream and quality...
golden cross is nearing. after long consolidation could be a nice pick up
Potential gain:40% Reward/Risk:4 Timeframe: 3-6 months I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! You’re likes and comments encourage me to...
Please note: I'm just sharing my view. its not a recommendation for buying or selling.
broke the downtrend resistance and is headed to the moon!, id hold as long as the trendline holds! target 22 here. :)
Hi guys, i have another interesting trade on NYSE:M .Its in pretty strong trend in daily and weekly timeframe too. Its testing weekly demand zone after correction last week. 14.17 - 15.30 its nice entry point to catch continuation of this strong uptrend. My target is near 0.786 fibbo level, there is strong supply zone in weekly timeframe. Here is my...
Hi! Since the market is already open, there is no time for detailed explanations. I'm looking at a long above 16
8-K form from 23/02/21: “Macy’s, Inc.’s fourth quarter results exceeded our expectations across all three of our brands, as we showed continued quarter-to-quarter sales performance improvements and returned to profitability,” said Jeff Gennette, chairman and chief executive officer. “Performance was driven by the home, beauty, jewelry and watch categories, growth...
Macy's had some major price action advances recently and sold hard after pushing to highs this stock hasn't seen for more than a year - bag holders jumping, no doubt. I'm liking the fact that price action has been bouncing off the 20 EMA with increasing vigor. MACD says hold on and wait a couple days for a better entry. I'm looking to buy on a gentle and...
I am Shorting MACY's into the earnings via PUTS for mid March. Overall brick and mortar retail has NOT comeback yet and NYC is a ghost town. Macy's is the next JC Penny's, they are not there yet but are due for a pull back. Momentum and Volume have been no where in sight over the last week for this stock and its sitting at a 1 year high.. I am no genius but I...
Cup and handle pattern on 1H chart. We have a strong resistance lvl on 17.16$ so I think we will test it in few days. It's will be 10% gain.
Using the entry of 20/40/40 to make a full position Filled my first 20% @$15.54 - wait for the trade to come to you. Broke out of the down trend
I'm relatively new to charting. Take this chart with a grain of salt.
From technical point of view I wouldn't recommend to buy Macy's now, or at least if you have it put a TP to 20-21 , haven't read about their fundamentals though. Then there is a big chance it can continue its downtrend. Macy's was fallen even before the coronavirus.