As we approached the 2nd half of the year -- the season for buying personal stuff (and giving) is definitely ON.
And this past few days is a testament of that as MACY's is registering massive net buy volume.
On June 2, the stock net positive volume increased by a whopping +60% from its average numbers signifying an impending price shift to the upside.
Daily higher lows was created based on daily data. The stock re-touched the 1.0 FIB level -- the most discounted price you can get. Best price range to seed at this level.
Spotted at 15.00
TAYOR
Safeguard capital always.