MCDONALD'S Stock is looking bearish on Daily chart
Updated
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.
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.
Note
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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