Bosphorus_Capital
Short

McDonalds (MCD) to be sold now at 95 to 98 for a decline to 83

NYSE:MCD   MCDONALDS CORP
mcd
103 0 2
mcd
Nice 5 waves down.
Nice clean break of 3 year trendline.
Nice pullback.
Nice retest of pullback area.
A close below 95.50 is also going to be a very bearish daily candle.
MCD             is a perfect sell setup for a measured move target of 83.
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