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.
Meet Manolete Partners PLC, Arkle Resources PLC, Royal Road Minerals and Neo Lithium Corp at our event, London , 04 April 2019. Register here »