#MCD
The trend is descendant. The share is traded within the upper border of the descendant price channel. Awesome Oscillator indicates bearish trend, and Stochastic Oscillator signals overbought conditions. The inclined channel of the ascendant wave structure is breached.
Trading idea:
Sell when the 242.27 is breached.
Stop-loss: 251.30.
Target …
The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish trend, and Stochastic Oscillator signals oversold conditions.
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.
Stop-loss is under the …
News of the day, Tuesday, April 5
Saudi Aramco, the world's largest oil company, raises crude prices for the U.S., Europe and Asia in May. Such moves are usually consequent of production increases: someone starts to produce more oil, then Saudis raise prices. Last week the USA announced to release …
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