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MACYS, INC. DL-,01MACYS, INC. DL-,01MACYS, INC. DL-,01

MACYS, INC. DL-,01

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FDO trade ideas

this will go to 20$ by third quarter next yearLooking at the monthly i believe the bottom has been reached and a reversal is imminent. The oscillators point up and the completion of this correction wave looks quite obvious. Last ER was great and Macy's has an internet presence. Sure it's not Amazon but they have shown profits in e-commerce. The future looks good with so many vaccines now seeking approval and the closures of so many retail stores leaves customers to be snatched up by whoever is left standing ie; Macy's. Need i also remind you that the return of a dividend is in the horizon? Don't miss the boat it's about to set sail. Happy trading.
NYSE:MLong
by Needlez33
MACYS GOING SHORTMACYS is being attacked from two sides. It has been depending on commerical real estate sales while its profitability has diminished due to consumers moving to online sales. Now in a potentially depressed post covid 19 commercial real estate collapse and competition from well established online retailers, Macy's is looking more and more like a dinosaur of a previous economic era and soon to be a fossil like JC Pennys. They missed their chance to develop an online strategy back in the late 90s and early 2000s. The covid 19 shutdown was the final wake up call for Macys but it is unlikely this bohemith can redeploy its resources fast enough to save this titanic of brick and mortar retailers. NYSE:M
NYSE:MShort
by zhanlao
Long only if it breaks the resistanceHello People. Today we have a good play on Macy and a potential profit. If only if it breaks the resistance and closes above then we can go long until the next resistance the numbers where good and the company has potential. Good luck and I hope you make money. Even if you don't make money on this week don't worry you are not the only one this week is weird and hard to predict because of thanksgiving, black Friday good news, and bad sentiment all mixed.
NYSE:MLong
by silverthe165
$M Macy's Omg Taking a risky long into earnings. 🤞🤞🤞🤞🙏🙏🙏 Believe it, or believe it not, but maybe M has put in a triple bottom dating back to 1992 & 2008.. In the short term it has obviously broken that horrible downtrend. On teh daily it has crossed over all the MA's. The daily & weekly indicators are all bullish. The 50 Moving Average on the weekly chart will likely break today which could set up a rally into earnings. If earnings go well and commentary is positive $10.60 -$14.00 are medium term targets. This is a highly volatile and heavily shorted stock take care.
NYSE:MLong
by Bullishcharts
7