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SiadoreR
Nov 22, 2022 4:53 PM

MCD - Short Idea Short

McDonald's CorporationNYSE

Description

McDaniels Short Idea

Potential Early Observation of a Head & Shoulders& 4-Points (Less weight) Broadening formation, currently waiting for more data.

Short Term Rising Wedge
Longer Term Early Observation Head & Shoulders - > (4 HR Candle Close Right Shoulder Shooting Star )
Longer Term Early Observation Broadening Formation


One of the Top 10 Holdings of the DJI, also at a reversal area.

Trade active

100% Move of the Rising Wedge Target reached, moving stops down

Trade active

Hidden Bearish Divergence on Both RSI + MACD 1 HR , waiting for either a Reversal into PPI or Daily lower High on the Indicies to be set.
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