As we approached the 2nd half of the year -- the season for buying personal stuff (and giving) is definitely ON.
And this past few days is a testament of that as MACY's is registering massive net buy volume. On June 2, the stock net positive volume increased by a whopping +60% from its average numbers signifying an impending price shift to the upside.
Daily higher lows was created based on daily data. The stock re-touched the 1.0 FIB level -- the most discounted price you can get. Best price range to seed at this level.
Spotted at 15.00
TAYOR Safeguard capital always.
Comment
⋅
Daily descending trendline broken. More growth to go.
Trade active
⋅
moving as planned
Trade active
⋅
Huge Alert.
We're on long term positive crossroad now for MACYs. Volume growth is extraordinary -- the highest level in 2 years time! Huge deal. Expect some significant price growth from here on.
Spotted at 14.0
Trade active
⋅
Congrats holders.
A Breakout, indeed. Target hit.
Trade active
⋅
M is now at 20.0
Congrats holders. It's that season for M.
Trade active
⋅
This is now reversing to the upside after a healthy correction. Target is set at 25-30 area on the next run up.
TAYOR.
Trade active
⋅
As we approach the closure of 1st half of the year.
M is getting ready for retail season soon as 2nd half approaches -- with "BER" months peeking soon. Good news for retail stocks like M.
Expect some ascending action from the current range. We are now at the breakout / heatzone area.