The idea is that Macy's Head and shoulders formation indicates that the stock will eventually go up. My target price is $30 by Summer
Some could consider the pattern to look more like a Cup and handle if we exclude the one on the left. Either way, the conclusion would be the same.
Any thoughts?
Good luck to all!
(*This is not financial advice, for sake of discussion and illustrative purposes only*)
If you like the idea, do not forget to support with a 👍 like and follow.
Some could consider the pattern to look more like a Cup and handle if we exclude the one on the left. Either way, the conclusion would be the same.
Any thoughts?
Good luck to all!
(*This is not financial advice, for sake of discussion and illustrative purposes only*)
If you like the idea, do not forget to support with a 👍 like and follow.