McDonald's CorporationPembelian
McDonald's Elliott Wave
Hello friends
In McDonald's stock, we see the formation of a 5-wave impulse pattern that has been completed. These 5 waves can be considered as wave A or 1. Now, with the break of the trend line at the end of wave 5 and the retreat towards it, we expect the price to rise to the $262 range. This increase can occur in the dominance of a zigzag or any corrective pattern. Stop loss can also be considered at 245 which is an important support.
The second target of the $280 range can be considered.
Be successful and profitable.
To support me, I recommend you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.
In McDonald's stock, we see the formation of a 5-wave impulse pattern that has been completed. These 5 waves can be considered as wave A or 1. Now, with the break of the trend line at the end of wave 5 and the retreat towards it, we expect the price to rise to the $262 range. This increase can occur in the dominance of a zigzag or any corrective pattern. Stop loss can also be considered at 245 which is an important support.
The second target of the $280 range can be considered.
Be successful and profitable.
To support me, I recommend you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.
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