Get started
McDonald's Corporation
Long
Updated

$MCD Near Term Pop In Risk Off Play

110
I'm expecting a near term pop back to $198-$205 in MCD simply because everything else is overbought and MCD yields 2.36% while it fills the gap back up to the previously stated levels. Just my hypothesis. Do your own DD.

snapshot
Note
It's fighting to get back into previous channel. Again, it makes sense to base here and then jump back into the channel in a day or so. snapshot
Note
RSI trending up, making a bullish cross up. Looks good for a nice near-term reversal.
snapshot
Trade active
Here is my projection for MCD action today. Goodluck to all. THIS IS NOT TRADING ADVICE!

snapshot
StockPickingEnthusiast
Beyond Technical AnalysisChart PatternsMCDTrend Analysis

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.
Beyond Technical AnalysisChart PatternsMCDTrend Analysis
StockPickingEnthusiast

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.