Macy's IncUpdated Macy's- Earnings
Macy's earnings report will probably be disappointing like most retailers this year. Looking to short.
Note
Surprising enough earnings were great and it broke the 18.40 level. Bullish to 19.35 resistance area
Trade active
Stock shows signs from past experience it runs up until Thanksgiving. Nov 24 calls, mabye?tradingview.com/chart/qdsgQKUt/
Trade closed: target reached
Closed Option for 40% ROIMacy's had a 14% gain on the day - too much for one day, wait for a pull back to possibly enter for November.
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