MCD is showing signs of an overall long-term uptrend pattern, & is currently trading above the SMA200, signaling a possible long entry. On the daily chart, possible cup and handle also forming after a significant pullback occured early/mid September. Also, last session the price opened above, and closed above the EMA21, signaling a potential intermediate uptrend is likely if price continues to consistently close above EMA21 level. Additionally, The EMA5 recently crossed up & above the EMA10, signaling short term bullish momentum. Considering this combination of confirmed and pending signals:
A good entry might be; if the price breaks above and closes above the SMA50 level.
*another option could be to take an initial entry if Monday opens above the EMA21, and then add to position if price breaks/closes above the SMA50
A stop could be set at: any close below the EMA21 @ -1%
A good target exit might be best at: Known resistance @65-70 RSI area, or any close below the EMA10 level @ +4%
Risk/Reward ratio optimal @ 4:1
A good entry might be; if the price breaks above and closes above the SMA50 level.
*another option could be to take an initial entry if Monday opens above the EMA21, and then add to position if price breaks/closes above the SMA50
A stop could be set at: any close below the EMA21 @ -1%
A good target exit might be best at: Known resistance @65-70 RSI area, or any close below the EMA10 level @ +4%
Risk/Reward ratio optimal @ 4:1
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.