Macy's IncLong
Macy's Inc 800%+ Potential
Hello Community!
Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more!
Lets keep it simple.
When you look at Macy's Inc on the monthly its at the ultimate all time support! You might not get another chance to enter at this sweet level for a while. With that being said it's most likely to go up from here. As you can see it's been in a major downtrend since July 2018. Previously as seen in May 2009 once that down trend is broken and begins to trade above the diagonal resistance it started to climb. Throughout the years it went up over 800% this is very possible again. If you're willing to Hodl this can play out beautifully in the next couple yrs. Bullish divergence on the MACD and RSI beginning to climb.
This is not Financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Win
Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more!
Lets keep it simple.
When you look at Macy's Inc on the monthly its at the ultimate all time support! You might not get another chance to enter at this sweet level for a while. With that being said it's most likely to go up from here. As you can see it's been in a major downtrend since July 2018. Previously as seen in May 2009 once that down trend is broken and begins to trade above the diagonal resistance it started to climb. Throughout the years it went up over 800% this is very possible again. If you're willing to Hodl this can play out beautifully in the next couple yrs. Bullish divergence on the MACD and RSI beginning to climb.
This is not Financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Win
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