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trad3r74

AYI maybe a candidate for shorting

Short
Acuity Brands, Inc. (NYSE:AYI)  
trad3r74  
NYSE:AYI   Acuity Brands, Inc.
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
AYI cannot break 135 resistance level almost 4 times already. MACD is declining and in the past two weeks red volume bars are more dominant. Therefore, Maybe now it's the perfect time for shorting AYI. Stop loss is 134. 1st target is 121 and 2nd target is 112.
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