Macy's LongGood entry point for a solid reward to risk point. If the 200-Day SMA holds look to enter immediately with a stop loss around $32/share. Do not worry about a breakdown just protect downside risk and allow the trade to work out. Longby BryanWilson3
10-mon falling channel suggests further range-bound price actionM $36.51 – 10-month falling channel suggests further range-bound price action M made a new-year low at 29.94 (May 23, 2016) before consolidating. The level could hold medium-term since it is near the 61.8% key retracement of the 2009-2015 (5.07/73.61) upswing. Currently, M is ranging below the 200 day moving average (at 37.68) within a 10-month falling channel. If the 37.68/38.48 resistance zone caps the recovery, the stock will likely retest the 34.31 support. However, a decisive upside break above the 38.48 resistance and then 40.98 (August 16, 2016 prior lower high) would confirm channel breakout and turn the structure bullish. The upside target then will be 45.50 (March 18, 2016 YTD high). Outlook: Daily: neutral Weekly: neutral Monthly: neutral by novvoll122
Retail Stocks Set to Soar Macys | 1 Month Chart Reserve your spot for a demo of the new Profit Wave Alerts t.coLongby UnknownUnicorn4681972
$M - Golden retracement on weekly - falling wedge$M showing a golden retracement at the .618 w/ a sharp falling wedge w/ positive divergences. Looking for move north.Longby TraderMentalityUpdated 1
Short on Macys / Corto en MacysPodemos ver una zona de consolidación del precio en la que se forma un patrón triangular. El precio rompió el triángulo por la parte inferior y esperamos una vela de confirmación. Las bandas de Bollinger indican un aumento de la volatilidad en ese momento, por lo que entraremos en corto, buscando 0.41 puntos en el precio y estableciendo un ratio de ganancias y pérdidas de 2.5Shortby carmelojmorales1
Macy's offers a great R short Today's close below a KEL spells trouble for Macy's , so il enter with .5% risk here and exit at the conservative target of 31.27. If we blast through that level I will simply reenter with another .5%. GL! Shortby Nick_C_112
MacysI'm short M under the neckline.... This looks like a beautiful H&S pattern forming. 34 target.Shortby Ryanhasoptions8
M: Macy's offering a great short into earningsWe can enter shorts aiming to capture the anticipated sharp decline into earnings. Macy's reports one day before the 'Time at mode' downtrend signal here expires. The two targets seem quite realistic in my opinion, might be a home run trade, don't miss it! If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers, Ivan Labrie.Shortby IvanLabrieUpdated 5519
Macy's almost a bargainNow would be an ok time to get in but I would wait and get in at 39. 37.71 is the major support and 45.83 is the long-term resistance.Longby octradr441
MACYSVery interesting trading situation. The Price is restructuring from a big sell off. An inverted HS has been confirmed. I will wait for some more pull back before going long. Stop loss at $37.71. First target around $54Longby AntoninoRomano371
M to CALL moreM to CALL more additional options when break up 43.96. TP @ 48, 51 respectively. Longby TaewCM0
LONG MI'm Long Macy's. I believe the retail sector correction is overdone and it will recover back. There is a strong buy signal on the monthly with a Bullish Engulfing. RyanLongby Ryanhasoptions115
Macys Head and Shoulder After beating the estimates for loss this quarter Macys broke above the neckline on a reverse Head and Shoulder. The head and shoulder is a pattern that indicates a strong reversal. The volume of trades that accompanied the overall H&S shape confirmed the break out. I see a rise to a recent level of resistance around $50. This would also be a %17 rise which is the depth of the H&S. www.investors.comLongby Bitcoin_Altcoin3
Long M to fill the gapLong M here and watch for $42 breakthrough which could lead to gap fillLongby wzpurdy210
$42 is overhead resistance now and good long targetWeekly MCD is signalling early buying opportunity but the trend remains down and weak. A bounce towards previous support $42 now is the overhead resistance and good target. Go real-time alerts www.2waytrading.comby Xafada2
Where do you think your going?Thick volume over the last few days and we're not breaking any new highs or lows. I doubt thats a random buying spree after jumping onto the resistance trend.Shortby M0jasC110
Macys - Another Retail Long Term TrendYou are looking at a WEEKLY chart of Macys. This stock has been in an uptrend for 6 years! As you look through a bunch of stock charts each weekend, you should be looking for stocks like this one. There is no telling how long this uptrend will last but the trend is your friend until its not. My advice, wait for a pull back to the uptrend line (UT 3) or a break above the current downtrend line (DT). When you get either one of these, go long with a comfortable stop. There is no way to know it will definitely be the right time to buy the stock. So use comfortable stops and pay attention to the trend lines. I want to remind you about the moving averages. Draw a chart of Macys with the 8, 21, 50, 100, 150, and 200 moving averages (ma). I prefer the exponential moving averages but use simple or standard. You will get the picture either way. The current stock price of Macys is between the 8 and 21 moving averages. The 21 week moving average has been a very good place to buy Macys in the past. On rare occasions it has dropped to the 50 week moving average. That was an even better place to buy. by TheTrendLineInvestor1
Macy's underperforms broader marketAnother chart that caught by eye as a big negative mover on the StockCharts Technical Rankings. I will look for confirmation for the price to move out of the symmetrical triangle that is forming but given its recent underperformance of the S&P I am again biased on the short side for this trade.Shortby garethtdavies0
Macy's Going to Celebrate!This stock is ready to rise after we had a low volume test on the daily. Macy completed the downward cycle with 3 clear levels of drop, followed by an accumulation phase, then a breakout and a clear rejection of the top edge of a value area. You can see that levels are balancing higher now. Fundamentals are going to drive this market to insane levels, you can't fight the Feds, you just have to follow their instructions to stay long and make a fortune.Longby EliteTrader1010