$MCD Short Unhappy Meal
Updated
Look for an entry between 250-253
Approaching bullish trend resistance. Bearish Divergence on the Daily time frame.
Entry $252.25
TP 1 $248.24
TP 2 $246.15
TP 3 $242.40
Approaching bullish trend resistance. Bearish Divergence on the Daily time frame.
Entry $252.25
TP 1 $248.24
TP 2 $246.15
TP 3 $242.40
Trade active
first TP hit . With earnings coming up May get a spike manage trade accordingly. Re-enter above $252 short at least a month out or more.
Trade closed: target reached
TP 1 and TP 2, and TP 3 all hit on this trade 4/29 and today 5/2 with a low of 242.26.
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