MCD has a pre earnings run underway. It has broken out of a long-term trading range to a new all-time high. The technical indicators are diverging from the price action, indicating the rising risk of a retracement due to profit-taking.
Martha Stokes, CMT
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Learn how to use the technical patterns of each market participant for better trade planning.
www.TechniTrader.Courses
Learn how to use the technical patterns of each market participant for better trade planning.