MACYS INC - M
Monthly chart shows that the uptrend line in place has been broken. Current price is below all key moving averages and is in a consolidating range. 
Weekly chart shows price below all its key moving averages, with resistance currently at the .382 fib level and key s/r and LIS at the $36 level.
Daily chart shows price below all key moving averages. Lower high made, so expect a test of the lows at the $28.50 and lower.
Sunday, November 04, 2007
M Analysis for 11.04.2007
Posted by
TraderZ
at
11/04/2007 10:01:00 AM
Labels: M
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