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MarthaStokesCMT-TechniTrader

MCD Attempting to Bottom

McDonald's Corporation (NYSE:MCD)  
MarthaStokesCMT-TechniTrader  
NYSE:MCD   McDonald's Corporation
Candlestick Analysis Chart Patterns Beyond Technical Analysis MCD mcdonalds bottom shorttermbottom distribution highfrequencytraders protraders sellingshort attempt
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candlestick chartpattern beyondta mcd mcdonalds bottom shorttermbottom distribution highfrequencytraders protraders sellingshort attempt
MCD is struggling to form a short-term bottom at a non-support level. The stock had been under heavy distribution which triggered High Frequency Traders selling short as well as Pro Traders selling short, even while new Retail App Broker Investors were buying into the downtrend. Buy on the Dip strategies are in play, but the large lots overwhelmed the retail small lots. There is no Dark Pool Quiet Accumulation in this bottoming attempt.

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Martha Stokes, CMT
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