MCD breaking meaningful support
McDonald’s Corp. (MCD) presently approaching meaningful long-term support, able to absorb monthly selling pressures.
From here, (MCD) can rotate higher to our next notable resistance level, eliciting gains of 10 - 15% over the following 3 - 5 months, and gains of 20% over the following 5 - 6 months.
Inversely, a weekly settlement below key support would place (MCD) into a sell signal where losses of 20% would be expected over the following 3 - 5 months.
From here, (MCD) can rotate higher to our next notable resistance level, eliciting gains of 10 - 15% over the following 3 - 5 months, and gains of 20% over the following 5 - 6 months.
Inversely, a weekly settlement below key support would place (MCD) into a sell signal where losses of 20% would be expected over the following 3 - 5 months.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.