MCD update, daily chart labeled w arrows where SMA100 has acted as a major support. Price action also shows a nice gap up from friday's close. The open was above the ema21, signaling intermediate bullish momentum may continue. Intraday chart is also showing signs of potential bullish momentum, as price is currently retesting EMA50 level (previous known resistance). If intraday price closes above EMA50 it could signal a potential LONG entry. If LONG entry confirms, update stoploss to "trailing stop loss" @ any close below the EMA10.
Target exit remains 65-70 RSI level @ +4%
Target exit remains 65-70 RSI level @ +4%