I think this trade will take more than a while to breakout.. it looks very much like a triple bottom or even an inverse head and shoulders.
Macy's right now is a great buy considering we are opening up again (not saying this is the end for COVID-19 but the markets will pump).. I would consider taking 75% profits on this trade around 6.50-7.00 for short term plays. Macy's is one of the stocks which has plenty of room for profit.
Macy's right now is a great buy considering we are opening up again (not saying this is the end for COVID-19 but the markets will pump).. I would consider taking 75% profits on this trade around 6.50-7.00 for short term plays. Macy's is one of the stocks which has plenty of room for profit.
Trade fermée: cible de profit atteinte
trade worked out great!
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.