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Tuesday, November 03, 2015 10:00:16 AM
M (Macy's) breakout watch off the low area
VOLUME 7.79mil shares, +57.3% compared to typical daily volume over the past 6 months.
Typical daily volume is 4.95mil shares over the past 6 months.
BREAKOUT WATCH for possible breakout above 52.16, no resistance in area just above.
Type: True breakout from double resistance.
Target: 55.86, 8.8% Stop: 49.98 Loss: 2.6% P/L ratio: 3.4 : 1 - Excellent
VOLUME 7.79mil shares, +57.3% compared to typical daily volume over the past 6 months.
Typical daily volume is 4.95mil shares over the past 6 months.
BREAKOUT WATCH for possible breakout above 52.16, no resistance in area just above.
Type: True breakout from double resistance.
Target: 55.86, 8.8% Stop: 49.98 Loss: 2.6% P/L ratio: 3.4 : 1 - Excellent
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