$M
Added 2023-08-23 14:37:31 +0000 UTCMacys reported yesterday and has suffered a strong decline since, analysts also came out today and lowered their price targets for $M too.
However the targets are still above where the price is now, the mean target is around $17.
This chart has not changed since the last time we put this up a number of months ago, we can see that I had Wave C coming down to the 0.78 Fib at $11.50.
Now $M needs to find support and we can start looking at its next trajectory.
