It seems the price touches the upper line of parrallel box.
MCD may still go up or move into a parallel box zone in mid-term.
Whether the price can stand up on green stress line is critical for SBUX's long-term transition for upward trend. Or it is still in a long-term downward trend.
Indicator projection and upper stress line = 1 st long short target point around 79.5 in 3 months (62 bars)
It seems there are many channels, either horizontal or parrallel, for MO. And each collosion of price and channel will show a direction of movement. Whether MO can hold 66.10 or not is a crucial factor for short-term direction. Is the reward worthy of taking risks? 5.17% to its recent hight.
It may go up at least 2.31 points or down 4.34 points this month. More information is required. Wait
From wave theory, ATVI may end its (4) down wave or (4) a down wave from a macroscopic view. The price now seems to be charming and a long upward can be expected if the price doesn't crossunder the supportive line.