Looking 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.
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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.