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CorruptedVodka

SHORT: $M

Short
Macy's Inc (NYSE:M)  
CorruptedVodka  
NYSE:M   Macy's Inc
Trend Analysis Technical Indicators Wave Analysis macys macy elliotwaveanalysis
3
0
trendanalysis indicator waveanalysis macys macy elliotwaveanalysis
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.
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