Macy's M It's not often that you see a stock breakout to the Upside on the Daily Chart
and then follow that up the following day,with a Breakaway Gap "Island Reversal" to the Downside
Macy's fell 16 % today, on 45 Mil Shares,large institutional share liquidation
even though they beat consensus earnings today 8/15/18 Ouch.
I point this out simply to remind those who may feel different, that the stock market IS very risky investment/trade,
even if you have correctly followed current technical trend and chart pattern.
THE_UNWIND
and then follow that up the following day,with a Breakaway Gap "Island Reversal" to the Downside
Macy's fell 16 % today, on 45 Mil Shares,large institutional share liquidation
even though they beat consensus earnings today 8/15/18 Ouch.
I point this out simply to remind those who may feel different, that the stock market IS very risky investment/trade,
even if you have correctly followed current technical trend and chart pattern.
THE_UNWIND