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Posted On: 02/01/2017 2:41:12 PM
Post# of 153
I am extremely bullish on retail brick and mortar stock Macy's Inc (NYSE:M). The stock has seen major accumulation over the last three trading days at its 52 week lows, in spite of Under Armour Inc taking a beating on earnings yesterday. The stock is on the verge of a major breakout that will take place on any crack of $29.60. Should the stock move above this level, my expectations are for a mega run to a potential target of $35.75.
Stock chart breakout for investors on Macy's Inc shares
Stock chart breakout for investors on Macy's Inc shares
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I was trained as a psychologist, then I applied what I knew to stock trading. Stocks are representing emotion of those who buy/sell them. I post all of my trades on Insert-tag-hereVerifiedInvesting.com where they are confirmed for legitamacy by their independent verification system. I've been trading since the 90s.
