Macy's Inc
Short
Aggiornato

Macy's is ready for a deep dive?

160
Price is flirting with 200 MA right after touching the massive resistance area of $17. Candle stick patterns are also supporting the down volume on the hourly chart seen in the past few days. Target is $13.75
Nota
this ticker has a weird relationship with US10Y! Sometimes it moves along it and sometimes the opposite. Yesterday, it touched the red line and bounced back up, and should go further to test $17. If it passes 17 then the trend is reversed but if not, it should form a double top and hit my target.
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