Macy's forming the second smaller cup and handle

٦ يناير ٢٠٢١

Looking out for a bullish pattern with the second cup and handle. Previous resistance and support indicated as roof with 17% possible upside.
Please let me know if any patterns - signal where missed.

٧ يناير ٢٠٢١

ملاحظة

a very interesting day indeed where M reached up to 12.88 but then, due to the coup attempt in Washington, closed at the previous support line. If the political situation calms then the upwards movement will continue up to 13.41 If, if it breaches and confirms then Macys new target is 16.

١٤ يناير ٢٠٢١

ملاحظة

broke resistance, now 16 is next target after some consolidation on 14

٢٧ يناير ٢٠٢١

أغلقت الصفقة: تم الوصول للهدف

allthough the direction was good, the last two days climb is not attributable to the idea anymore. The result of WSB social media shot M up. Still in it long but closing the idea.