tayalsmith

M&S PLC analysis

Long
LSE_EOD:MKS   None
M&S PLC BUY
TARGET 435
The Major trend of M&S PLC it is showing strength for buying If it breaks the resistance level then one can initiate buying position in the stock.
Resistance level of 426 Target of 436 with the Stop loss of 416

CHART FORMATION:-
Stock is trading in a range and trading near the trend line. Breaking the support line will lead to upside movement. Stock is trading below the 50 DMA with negative bias.

INDICATORS:-
RSI is trading near to 52.27 levels with positive bias, in upcoming session upside movement is expected.

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