MCDOWLL near BO
Stock is under accumulation, good volumes. Still in channel support. Retest failed earlier, could BO this time. RSI is strong.
Wait for confirm BO above channel or swing trade from bottom of channel if it falls.
T1: 975
T2: 1025
SL: Closing below parallel channel support.
Wait for confirm BO above channel or swing trade from bottom of channel if it falls.
T1: 975
T2: 1025
SL: Closing below parallel channel support.
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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.