CorruptedVodka
Short

SHORT: $M

NYSE:M   MACY'S INC
Wave Count:
- Wave C

Reason(s) to short:
- Bearish divergence at 1 hour time frame
- Reached the channel top
- Reached the 1 trend-based Fibonacci extension

Note:
- This might be a short term pullback until 0.382-0.236 trend-based Fibonacci extension . If it bounces around this area, prepare for Wave 3.

Comments

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