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IvanLabrie
Apr 30, 2016 1:01 AM

M: Macy's offering a great short into earnings Short

Macy's IncNYSE

Description

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!
Comments
TA_Valley
I am thinking about long before the earning? lol
IvanLabrie
Maybe, I'd rather wait for earnings and then trade AFTER the fact.
HermanBrummer
Damn!!! That's all I can say. Still learning how this works.
Market_Psychology
Looks like this played out well.
IvanLabrie
So it seems, a nice trade. It still has downside left.
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