arodatos
Long

McDonald’s @ Weekly Support Level

NYSE:MCD   MCDONALDS CORP
mcd
132 0 0
mcd
The price begins to stabilize at the level of the minimum area between 93.14 and 92.22. Behavior that allows price oscillators triggered buy signals in highly oversold levels are accompanied by a surge in trading volume .

In this context we decided to give an opportunity for establishing a long position to stop weekly close below 92.22. An upgrade to the daily closing intermediate resistance located at 97.58 would adjust upward the stop operation.
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