1. Hello Guest Click here to check FX Binary Point Financial Directory

M (Macy's) Poised for Upside Acceleration?

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 26, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Macy's, Inc. (M) is perched atop its 4-month base-accumulation pattern, which also means that it is poised for upside acceleration towards my two optimal target zones at 45.00/50, and then 49-50. As long as any forthcoming weakness is contained above 40.00, M has the right look of a recovery rally continuation period.

    Continue reading...

Share This Page