McDonald’s shares initially saw a modest decline, but recent quotes indicate renewed attempts to soon establish the high of magenta wave . Once this phase concludes, we anticipate a moderate pullback as wave [ii] unfolds, followed by wave [iii] gaining enough momentum to push price above the $326.32 resistance level. However, if support at $283.47 is decisively breached, our alternative scenario will come into play. We currently assign a 37% probability to this outcome, in which the stock would likely move toward a new low of green wave alt.[4].
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
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🚀 Spot trends early with momentum, sentiment & price structure
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.