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decaro

MAC: cup and handle

Long
Macerich Company (The) (NYSE:MAC)  
decaro  
NYSE:MAC   Macerich Company (The)
Chart Patterns macerich unusualoptionsvolume
3
1
chartpattern macerich unusualoptionsvolume
Macerich has formed a large cup and handle. Look for an upside move beyond the old dashed resistance line and into the descending channel, which it broken out of during the corona crash.

OTM call volume exceeded open interest by a large factor on Tuesday, March 9.

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