Macy's is ready for a deep dive?
Price is flirting with 200 MA right after touching the massive resistance area of $17. Candle stick patterns are also supporting the down volume on the hourly chart seen in the past few days. Target is $13.75
Note
this ticker has a weird relationship with US10Y! Sometimes it moves along it and sometimes the opposite. Yesterday, it touched the red line and bounced back up, and should go further to test $17. If it passes 17 then the trend is reversed but if not, it should form a double top and hit my target.Ordre annulé
Market Maven: Never Miss a Move.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
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.
Market Maven: Never Miss a Move.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
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.