IvanLabrie
Short

M: Macy's offering a great short into earnings

NYSE:M   MACY'S INC
We can enter shorts aiming to capture the anticipated sharp decline into earnings .
Macy's reports one day before the 'Time at mode' downtrend signal here expires.
The two targets seem quite realistic in my opinion, might be a home run trade, don't miss it!

If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.

Cheers,

Ivan Labrie.
Comment: If we don't have a sharp decline today it might be safer to get out.
Trade closed: target reached: Target hit!
I am thinking about long before the earning? lol
Reply
IvanLabrie ShauntheSheep
Maybe, I'd rather wait for earnings and then trade AFTER the fact.
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Damn!!! That's all I can say. Still learning how this works.
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Looks like this played out well.
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IvanLabrie Market_Psychology
So it seems, a nice trade. It still has downside left.
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