On MCD 1 daily chart, a triple bottom pattern has developed at around $114.00 (support). If you look left, you see the ALL TIME HIGH of this stock at $131.96. I believe that MCD will do a Fib Ret to bullish side to $122.00, which is 50% level from last BEARISH trend, noted on chart. Will be looking for chart patterns at S/R area to trade BULLS.
Trade with trend, be patience and get on the BUS which is going in your direction of trade. Good Trading!!
Trade with trend, be patience and get on the BUS which is going in your direction of trade. Good Trading!!