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Macy's Inc
Short

Three falling peaks pattern with bearish Div

96
Pretty cut and dry explination. Clearly a three falling peaks pattern with bearish div (4hr) on both MacD and RSI. I got in way higher but even at current prices it's not a bad entry to grab some puts, adjust accordingly ofc. Good luck and if you agree or disagree leave a comment, all criticism is good criticism!
YouKnowTheVibes
Bearish PatternsChart PatternsTechnical IndicatorsshortshortsetupshorttradestocksignalsthreefallingpeaksTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Bearish PatternsChart PatternsTechnical IndicatorsshortshortsetupshorttradestocksignalsthreefallingpeaksTrend Analysis
YouKnowTheVibes

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.