Needlez33

Not too confident with M this morning

Short
Needlez33 Updated   
NYSE:M   Macy's Inc
Seems to be at the resistance point in my channel and overbought. It looks like it's going to be a possible 2 point short. Being that the channel had so many pushes in both directions i don't think it's stable enough anymore a new trend might follow. My entry will be $17.70 depending how the bars look and my stop loss would be $18. will update if I take the trade.
Trade closed: target reached
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