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Macy's, Inc. $M Power Gauge Bullish But Stock is Overbought - Take Partial Profits

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The Chaikin Power Gauge RatingTM for Macy's, Inc. $M is very bullish due to very strong earnings performance, very bullish price/volume activity and very positive expert opinions. However, the stock is currently overbought.

M's earnings performance is very strong as a result of better than expected earnings in recent quarters and an upward trend in earnings this year.

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