Macy's Inc
Long
Mis à jour

MACY's season is coming -- and everyone knows it.

503
As we approached the 2nd half of the year -- the season for buying personal stuff (and giving) is definitely ON.

And this past few days is a testament of that as MACY's is registering massive net buy volume.
On June 2, the stock net positive volume increased by a whopping +60% from its average numbers signifying an impending price shift to the upside.

Daily higher lows was created based on daily data. The stock re-touched the 1.0 FIB level -- the most discounted price you can get. Best price range to seed at this level.

Spotted at 15.00

TAYOR
Safeguard capital always.
Note
Daily descending trendline broken. More growth to go.
Transaction en cours
moving as planned
Transaction en cours
Huge Alert.

We're on long term positive crossroad now for MACYs.
Volume growth is extraordinary -- the highest level in 2 years time! Huge deal.
Expect some significant price growth from here on.

Spotted at 14.0

snapshot
Transaction en cours
Congrats holders.

A Breakout, indeed. Target hit.
Transaction en cours
M is now at 20.0

Congrats holders. It's that season for M.
Transaction en cours
This is now reversing to the upside after a healthy correction.
Target is set at 25-30 area on the next run up.

TAYOR.
Transaction en cours
As we approach the closure of 1st half of the year.

M is getting ready for retail season soon as 2nd half approaches -- with "BER" months peeking soon. Good news for retail stocks like M.

Expect some ascending action from the current range. We are now at the breakout / heatzone area.

TAYOR.

snapshot
Transaction en cours
Daily data update:

Moving as expected. Eyeing 35.0 target -- all set.

TAYOR.

snapshot
Transaction en cours
See you at 34.0.

snapshot

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.