1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

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

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    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