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SoundTrades SoundTrades MCD, D, Short , 2 years ago
MCD: A probable breakdown for MCD
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MCD, D Short
A probable breakdown for MCD
Price retraced 50% and back, so a move further down to the .272 fibonacci level (86.92) can be expected, if price breaks down the 90 round number level. There's also a H&S formation that could come into play on a break down from the falling blue trendline.
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