Macys
Check out this monthly chart on Macys. Given their nostalgic name, their ability to survive and even post profit through the ongoing pandemic, and the load of shorts still left in the stock I think it can eventually rip to all time highs. The 50 SMA is curving up towards the flatter 200 SMA and the PPS is slowly rising above the 50. If we can make it to $40 without shorts and they step in and cover there it could be explosive. Its been very under the radar too for the most part. Great opportunity here still as the PPS has exceeded both the 50 and 200 SMAs on the weekly chart.
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