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...
Medifast's stock has slid over 80% from its 2021 high, putting its major valuation metrics at levels comparable to 2008, 2011, and 2020.
Despite the massive decline, the company's financial position still seems to be quite sound - big cash position, healthy current ratio, massive profit margin and return on capital. On top of that, any long-term investor is...
I don't follow this, but got it on Sunday the 3rd.
I was happy to see the price that popped into my head of $89 was within reach, so that's the target. It might take a little time, but the numbers are usually hit.
Macy's continues to surprise to the upside on earnings, while at the same time the stock keeps going down, oh yeah, and it pays dividends too. Looks like it could bottom out to a nice buy zone between $9 - $11
Stocks like Macy's usually move with IWM or smallcaps.
As you've seen the last 2yrs smallcaps have underperformed the market and
So has Macy's.
Over the next few weeks I think Macy's will make a return trio to the top of its channel an close gap at 19.50
Macy's broke out of a falling wedge with massive volume this week.
My first target is 16.70 price...
Key Highlights
Department store chain Macy’s (NYSE:M) reported 3rd Quarter FY2023 results beating Wall Street analysts' expectations , with revenue down 7.3% year on year to $5.04 billion. On the other hand, its full-year revenue guidance of $23.05 billion at the midpoint came in slightly below analysts' estimates. Turning to EPS, Macy's made a non-GAAP profit of...
As you can see here, we are approaching a major imbalance on the hourly chart. I will be looking on the 15 minute chart for a heavy bounce off with good volume and hold it until close for a day trade. As always, thank you for viewing my analysis. #macys #puts #scalp
NYSE:MED is a company with a good perspectives on a long distance (1-2 years) with a stable metrics. On the short path (about 3 months) it can show more or less than 100% of price growth, which can be a good present for all who like to be prepared for the Christmas happy days.
Goal for me is an are near 184.
Does not constitute a recommendation.
#investing...
Break of this trend support and we head to 14.5-13.12 support before any move to the upside..
break past 16.98 and we can see parabolic move to 19-22. Best to wait for clear trigger here, boost and follow for more 💙
Macy is holding above a Support Zone with MACD Bullish Divergence at a Bullish Gartley PCZ and is now trying to crack above $11.50 if it gets above $11.50 it will probably see $20 relatively quickly.
MS and broader financials have been struggling and I worry that may continue. The break of 80 today on Morgan Stanley seems concerning enough to note and track. We'll see if this continues.
Morgan Stanley (MS) has been trading within a Channel Down pattern since the beginning of the year and on Friday hit again the Lower Lows (bottom) trend-line. Today it formed a MACD Bullish Cross on the 1D time-frame and is issuing a strong buy signal as every time it appeared, in the last 12 months, the price rose by a +8.16% to +27.31% margin.
Taking the +8.16%...
If you haven`t bought MS here:
Then analyzing the options chain and the chart patterns of MS Morgan Stanley prior to the earnings report this week,
I would consider purchasing the 85usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $1.85.
If these options prove to be profitable prior to the earnings release, I would sell...
Macy's tapped the midpoint. A return to $15.14 would setup a reliable auto-buy for round two. Sell 2 lots at the mid-point again.
The perfect mid-point hit and retreat sets up a good short at $16.71 if it gets there.
