jangseohee
Short

MCD, M, Whipsaw finishing!

NYSE:MCD   MCDONALD'S CORP
34 0 0
A monthly chart shows McDonald has been in consolidation phase since 2012 forming a slightly rising wedge .
Judgement day is about to come very soon as the price is at the end of the congested whipsaw movement.

A simple projection of possible upside and downside shows roughly where the price would hit for next resistance or support level respectively.

However, using MACD indicator, i am 60% more bearish than bullish in long term.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out