BATS:M   MACYS INC
103 4 3
50 retrace of prior low to high. Positive RSI divergence. Close above 46,12 confirms double bottom for 48.75
Might be forming an ascending triangle now.
Reply
KLang PRO nicolaskao
Looks tricky here. Second time at this level....
Reply
Well, not an ascending triangle (freaking stockcharts.com). The RSI divergence is only getting stronger at this point, and now the price just crossed the lower part of the bollinger band, a reversal will have to happen soon, it looks more like a rectangular pattern now, a small bounce from 46 would confirm it.
Reply
nicolaskao nicolaskao
...or not
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out