Shorting MCD Shares

On the daily chart of McDonalds`shares the price has formed a bearish divergent bar which is amplified by Elliott waves structure, where, with high probability, we have finished the 5th Elliott wave of a bullish period. In addition, there is an AO indicator divergence. Going short using levels that are marked on the chart.
Technical IndicatorsMCDmcdonaldstradingsignalsWave Analysis

Also on:

Disclaimer