Double Top
McDonald's share price is drawing the company's logo on the chart, which is a potential Double Top trend change figure. If the support area of 250.00 is broken, the potential for a fall to 200.00 will open up.
There have been three similar situations of this magnitude in the history of the company. All of them realized a 30-60% drop, i.e. they were senior corrections.
There have been three similar situations of this magnitude in the history of the company. All of them realized a 30-60% drop, i.e. they were senior corrections.
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