Get started
MACY S DRNMACY S DRNMACY S DRN

MACY S DRN

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Seasonals Bonds

MACY34 trade ideas

Nice buying opportunity! Although i dont really like the industry Macy is in- price action and charts do not lie. Again, you can see a nice trend line. We are currently at a nice support with a lot of buying pressure down here. Combine that with the gaps up (91% of gaps always get filled, and we have TWO!) I believe this is a great time to buy some kind of long position with a target first at $28.17. But then 29.55 and 29.90. Will most dip at 29.90 and then chop around a little before continuing to 31.30 and finally 32.30. After these levels- we will see 33.00 and lastly 33.40. I would not get greedy beyond this target. Great opportunity!
NYSE:MLong
by Pavley
Lower lows in store for Macy's. MWe are sitting at the probable end of Wave A, at which stage we will move up somewhat, only to get back in negative motion for the final leg of the zigzag. So, this thing will go even lower, we just gotta wait. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
NYSE:MShort
by Rykin_Capital
#M Cup & Handle incomingGoing through my morning charting on trading view and i remember seeing #M on unusual whales pop up frequently and i glanced at the chart almost moved on to the next play and literally did a double look, but a cup is fully formed perfect on the one year one day and one year one week chart as you see in the image. It will be interesting to see if we can put a couple red days together this week to form the handle will be putting in some trades for mid Dec. to help myself with the Theta and to see if this comes to fruition it will be cheaper to pick up contracts on pull back days either way. Also their ecommerce business is also coming along form what i had read recently in either case this def makes for a play to go in your watch list, Fed is also supposed to make an announcement today which when that normally happens we have VERY RED days so i guess as they say the STARS ARE ALIGNING lol.
NYSE:MLong
by Stock_Hustle21
4
M: Breakout of a 6-year-long down trend!This is a significant event for Macy's share holders. Macy's finally broke out for the first time in 6 years that started in July 2015. The significance of this breakout would make it a complex event and there should be a retest of this monthly trend line. The RSI is at the 70 level in the monthly chart. The volume has been decreasing since June 2020. All in all, there should be a retraction before the bull run toward 40. This chart shows the price should rise to 30 before going back to retest 22.80.
NYSE:M
by MarkitMaven
Macys looks ready for a 5% move The question is which direction? Overall pattern is a bearish megaphone (Green lines) Broke out of a 8 month consolidation (Purple line) Now trading in a Bullish flag ( yellow lines) Usually a breakout of consolidation would bring about a retest of that consolidation area. That retest would mean Macy doesnt break out of the bull flag tomorrow but falls back to support around 20.10. Volume was average today but with Retail sales info coming out tomorrow that could be q catalyst for a breakout To fib resistance 1. 21.85 2.23.76
NYSE:M
by ContraryTrader