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.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.