Technician
Short

McDonald's Alarming a Major Top

BATS:MCD   MCDONALDS CORP
670 2 12
Price failed around the major high at 102.22, heading back lower within a minor falling channel , a break and weekly closing below 94.00 may give further confirmation for the the bearish formation. That could signal a move to 83.30 major low and neckline for a major long term bearish double top .
Note: This is a non-confirmed setup and might be risky.

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looks like btc/usd mtgox $1240 double top
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Nice. I've been short MCD since just before Thanksgiving.



Covered short today even though we may have some more downside.

Happy with how this trade worked out.

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