jangseohee

MCD, a valid channel once established, is irresistable

NYSE:MCD   McDonald's Corporation
When i posted this on 20th of Nov, i had a short at 97. I am pretty confidence that this downtrend is well established.
Besides i did another extra measure to see if the green DMI crossed below the black signal line, and it did!
Hence, collected profit at the bottom of channel.
After that i hold no position, meaning i missed out of the short opportunity, but it is alright

Note: At the top, the color of a bearish tweeter should be green inverted hammer followed by red inverted hammer , but this one is opposite.