LeLaf
Long

MCD Bullish engulfing + Failling Wedge, reversal patern?

NYSE:MCD   MCDONALDS CORP
49 2 0
MCD             has been in a failing wedge downtrend figure lately. This figure is not confirmed yet.
To get confirmation, we need a good break through B-D resistance.
MCD             also had a bullish engulfing candle, confirmed on Friday.
RSI and Stochastic are neutral.
SAR             just reversed to an uptrend on Friday.
I will go long on this one on monday if price is still decent.
Target is 100,86$.
LeLaf
2 years ago
Going to get a small position, long.
Reply
LeLaf
2 years ago
45% of goal done.
Reply
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