From closer look, 1 day chart, head and shoulders pattern is forming.
On weekly chart we can see possible elliot waves, long term (more than a year target 230), short term target 180.
observe the news, but I doubt that company as old as mcdonald can shut down, it is much older than facebook though :D.
Good luck
Learning don't invest.
On weekly chart we can see possible elliot waves, long term (more than a year target 230), short term target 180.
observe the news, but I doubt that company as old as mcdonald can shut down, it is much older than facebook though :D.
Good luck
Learning don't invest.
Note
first target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.