$MAC - testing channel againBearish chart but it’s trying to break through the channel. Volume not fully there, trend is wishy washy, will get rejected without a strong move back to $12.50
Not trading advice
MAC trade ideas
MAC bounce on the hourlyMAC has been in a strong uptrend since the 52 week lows. Had a big move up in December. Consolidating. Been recently making higher lows in a tightening range. Looking for a bounce and the next leg up.
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MAC - Falling Wedge Completing Double BottomFalling Wedge is apparent on this daily chart
It fits in nicely because it is right where a second bottom is expected for a double bottom , and the bullish nature of falling wedges fixes this problem
Green up channel should roughly be maintained
MAC had a huge accumulation! Hi everyone, Yurii Domaranskyi here. Let's take a look at the chart:
1. Price levels are working good here
2. Globally uptrend and locally range
3. The level confirmed by a few touches
4. Huge accumulation in the range
5. Great potential 1 to 13.5 risk/reward
6. The price came from above
7. Report was 5 days ago
8. In 2 days dividends
9. Macerich Q4 earnings rise as traffic returns, occupancy rises
10. Macerich FFO of $0.53 beats by $0.05, revenue of $229.4M beats by $23.72M
Potential risk/reward ratio = 1 to 13.5 meaning that potential risk 100$ with the possibility to make 13.5$
If it does make sense to you, press a thumb up! 👍
MAC DailyNYSE:MAC looking good with a bullish engulfing bar today with MACD confirmation and a chart that is making higher lows.
MAC - GREAT SETUP HERE FOR A WAVE HIGHERSEE CHART - Looking for 18.60 - 19.85. Will keep a SL on this one at 15.47
MAC Long Downtrend Channel Breakout
SMA50 as support
OBV > OBV Avg34
Williams %R crossed -50
Entry 12.75
Stop 10
Target 24
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
Macerich's moves to improve its portfolio quality were necessaryAnalysts are decreasing fair value estimate to $29.50 per share from $32.50 per share after incorporating fourth-quarter results and adjusting our assumptions for the impact of the coronavirus.
MAC: cup and handleMacerich has formed a large cup and handle. Look for an upside move beyond the old dashed resistance line and into the descending channel, which it broken out of during the corona crash.
OTM call volume exceeded open interest by a large factor on Tuesday, March 9.
MAC Swing PlaySwing play for MAC
Entry Price: 13.15
Target: 22.97
Stoploss: 10.19
Disclaimer: I"m NOT a financial advisor. All trades idea are shared for educational & entertainment purposes only. All advice is based on technical and my own opinion.
MACERICH Co: The next big moveHi everyone, the wxyxz structure in this pair is complete, now i expect a total reversal of the down trend or a correction of a higher degree. All this tends to a bullish forecast. Thanks for your support. Click the like if you like it, and make sure all traders see this analysis before it's too late. Thank you. Trade with profits.
$MAC High risk high reward. 4hr HBD at supportBounced off support of previous highs. If it breaks above the next resistance this could move well. High risk on this one though.
MAC Technical Analysis 🧙The Macerich Company is an S&P 500 company that invests in premium mall assets. The company owns 29 regional malls in its consolidated portfolio and 19 regional malls in its unconsolidated portfolio along with six power centers and six other real estate assets. The company's total portfolio has 50.6 million square feet gross leasable area and averaged $801 sales per square foot for the past 12 months, with the consolidated portfolio averaging $646 sales per square foot and the unconsolidated portfolio averaging $998 sales per square foot.
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MAC Long Uptrend, EMA55/144 as support Zone
Hook reversal candle
Entry 13.5
Stop 10
Target 24
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
MAC TA 1/26/21MAC is on the hedge funds' most shorted stocks list. The other contenders are already in cover territory for the most part, MAC is relatively undervalued compared to the rest and has high potential to be a long term hold as a dividend producing REIT as well.
With a huge short interest at 57.39% of float, any squeezes on this will be gigantic. Daily volume being relatively low, any volume jumps can cause large price movements. I have laid out rough FIBs that I like here and my final PT is $49 with partials at $30 and $40.
MAC - Long Setup Possible entry above 11.73 or 12.53, Stop signal 10.97. Target 1 15.93, Target 2 Momentum.
Macerich Longtrade With Huge PotentialHey guys,
don't know what you think but i'm in!
Buy Stop: 8,50$
Stop Loss: 7,50$
Take Profit: 14,50$ - 16,50$
Much fun with that trade!
Leave a comment!
$MAC - i hate malls anywaysIf you are going to look into REITs my humble opinion is one that is not dealing in Mall properties. This is a personal thoughts but i think this is all the TA needed on why sticking my money into something else is a safer option.... unless you want to buy in @ 2009 levels.
