pohaus

Macy's churn is exhausted and the run up should provide $1+

Long
NYSE:M   Macy's Inc
There is no volume to support the lower price relative to monumental amount that changed hands in the $8's. I expect this to squeeze hard and snap right into the $8's with little trouble. Way oversold as you can see from the accumulation/distribution line.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.