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Marks & Spencer could retest Brexit vote lows says Zak Mir

There’s a certain sinking feeling for Marks & Spencer Plc (LON:MKS), according to Zak ‘King of Charts’ Mir, who reckons the retail could fall back towards 250p per share.
 
“The market is not convinced about the turnaround strategy here,” Mir says, in a Tips TV segment for Proactive Investors.

Nonetheless, Mir notes there could be support for the share at around the 300p level, if the bulls are lucky.

Quick facts: Marks and Spencer Group PLC

Price: 184.55 GBX

LSE:MKS
Market: LSE
Market Cap: £3.6 billion
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