I'm really noticing lately that some investment vehicles definitely show simple moving averages to be of more significance than exponential moving averages as in case in point. Apparently you really need to back-test both on each different asset to know which to use on it.
MCD's just crossed the 200 on the daily last Thursday, and closed the week out at a long term point of resistance. If it crosses here this week MCD's could be back in a long term upward trend once again (fingers crossed). Get out of the house and start buying them burgers!
This dividend aristocrat looks good all the way around and deserves a place on top of the watch list. It has a 200 sma crossover, a bullish macd crossover incoming, and bullish rsi. Watch for good volume and price action, and the 50 sma to turn upward for a good entry.
After recently breaking out of Cup-N-Handle pattern we had a 2nd chance entry on a 50/200 sma crossover Wednesday; Friday then closed on a 20 ema bounce. Watch for the third chance entry confirmation on Monday morning price action and volume.