Macy's IncLong
Macy's Bullish Bet
Updated
Looks like Macy's is ready to go up:
1) Price broke above 200 EMA, and holding above it;
2) Down trend line broken;
3) RSI finding support at 50%
First Target 27$ - 27.80$ area, if broken next target 30.25
Stop Level 2 days close below 23.70$ or a 2% break below it ( 23.22$)
1) Price broke above 200 EMA, and holding above it;
2) Down trend line broken;
3) RSI finding support at 50%
First Target 27$ - 27.80$ area, if broken next target 30.25
Stop Level 2 days close below 23.70$ or a 2% break below it ( 23.22$)
Trade closed: target reached
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