Back on November 11 when Macys Stock plunged on the back of a full-year sales cut and profit forecast drop, I wrote that I would be picking up shares in a couple of days. You can review that trade idea through this link from November 11.
The collapse of Macys Stock on November 11 and subsequent decline set up an easy trade for investors who took the time to review Macys stock charts rather than dump shares. Even investors who owned shares prior to the collapse might have wanted to pick up some shares in the sell-off to add some profits to their portfolios.
Keys To Profiting In A Sell-Off
Two things were key to understanding the trade potential that developed in Macys Stock. When any stock collapses there are two keys to understanding how to set up your capital to profit from the collapse. This strategy discussion article uses the recent decline in Macys to show why these two keys should be in every investor’s trading tool chest……the rest of this strategy article is for FullyInformed Members.
Learning To Profit Big From Understanding Stock Volume
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Internal Stock and Option Trades Links
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.