Watch These Macy's Price Levels as Stock Slumps on Soft Sales Guidance
1. Macy's expects holiday sales to fall below expectations. 2. Stock faces resistance near upper trendline and 200-day moving average. 3. Key support levels are around $13 and $10.75. 4. Historically, Macy's stock has dropped 14% this year. 5. Stock may experience further bearish momentum if selling continues.