M to $15.50My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price below bottom channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at ov
Key facts today
JP Morgan has reduced its price target for Macy's (M) shares from $14.00 to $13.00.
Macys | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Macys
- Double Formation
* 20.70 USD | A+ Set Up
* Neckline Entry At 16.70 USD | Subdivision 1
- Triple Formation
* 14.20 USD | Support Area | Top / Bottom Structure | Subdivision 2
Macys an american institution is in a fight for it's life....if it takes out that neckline.
"Macy's founded in 1858.
It is the largest department store company by retail sales in the United States as of 2015.
Macy's operates with over 700 stores in the United States. Its flagship store is located at Herald Square in the New York City borough of Manhattan.
Macy’s stock Down 13.7% on Q2 Earnings ReportsMacy’s (NYSE: NYSE:M ) has been a staple of American retail for over a century, but in Q2 CY2024, the iconic department store faced a challenging environment that reflected the shifting dynamics of consumer behavior and broader economic trends. Despite delivering a robust earnings performance, Macy
M Macy's Options Ahead of EarningsIf you haven`t sold M before the previous earnings:
Now analyzing the options chain and the chart patterns of M Macy's prior to the earnings report this week,
I would consider purchasing the 17usd strike price Calls with
an expiration date of 2024-8-30,
for a premium of approximately $1.47.
If the
MACY's season is coming -- and everyone knows it.As we approached the 2nd half of the year -- the season for buying personal stuff (and giving) is definitely ON.
And this past few days is a testament of that as MACY's is registering massive net buy volume.
On June 2, the stock net positive volume increased by a whopping +60% from its average num
M Macy's Options Ahead of EarningsIf you haven`t bought M before the previous earnings:
Then analyzing the options chain and the chart patterns of M Macy's prior to the earnings report this week,
I would consider purchasing the 17usd strike price Puts with
an expiration date of 2025-1-17,
for a premium of approximately $1.49.
If
Macy’s Revamps Board with New Directors Amid Acquisition TalksIn a surprising move, Macy’s ( VIE:MACY ) has announced the appointment of two new independent directors, Richard Clark and Richard Markee, while simultaneously continuing discussions with Arkhouse and Brigade regarding a potential acquisition deal. The reshuffle also sees Tony Spring, Macy’s CEO, t
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Displays a symbol's price movements over previous years to identify recurring trends.