TJX trading between fib support n resistance Short

TJX Companies, Inc. (The)NYSE

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⋅ Aug 17, 2014 10:55 PM

Clearly trading btw fib .382(55) and .5(52) levels, downtrend and the overall weakness in retail sector could move the price below 52 and retest fib .618 level @49. Macd also confirming the bearish move possibility