MCDONALD'S Stock is looking bearish on Daily chart

McDonald's Corporation (NYSE:MCD)

Mis à jour

NYSE:MCD McDonald's Corporation

trendanalysis chartpattern mcdonalds shortterm

My opinion on MCDONALD'S ( MCD )

Currently looking for short entries (put options) once price begins to trade lower than $213
Stock showed indication of a H&S pattern with the retest around $227.

I believe price will head to $206, and possible to $191-$178 , but we will see with time.

Commentaire:

Everything still looks to be perfectly in tact for $MCD heading to my indicated levels.
Let's see if the support price level at $192 can hold as the bears enter the market now.

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