NYSE: $MCD McDonald's Corp. Short idea for the week of 11/20/17
Head and Shoulders identified. This pattern is still in the process of forming. Possible bearish price movement towards the support 163.5200 within the next 2 days.
Supported by RSI DOWNTRENDING
AND BEARISH EMA CROSSING ON ALL TIMEFRAMES
Supported by RSI DOWNTRENDING
AND BEARISH EMA CROSSING ON ALL TIMEFRAMES
Trade closed: stop 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.