McDonalds : enough for the decline?
McDonalds shows some resilience on Tesla-triggered sell-off. It might have been pressured already hard enough.
If #MCD is taken Long at 208.50 or lower (mind the morning opening) target could be 235 and even 248. Not overnight but gradually. Stop could be placed at 202 as if it drops there the whole picture might be different.
If #MCD is taken Long at 208.50 or lower (mind the morning opening) target could be 235 and even 248. Not overnight but gradually. Stop could be placed at 202 as if it drops there the whole picture might be different.
Trade active
Long 208.50 , TP 235, Stop 202
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.