News of the day, Friday, April 15
Covid-related supply chain outages in China are likely to cause shipments delays of some Apple products as well as Lenovo and Dell laptops, analysts said. China’s “zero-covid” lockdown policy is jamming highways and ports, closed factories are waiting for the government approval to …
#MCD
The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. The mirror level 43 restrains buyers.
Trading idea: sell when 248.78 is breached.
Stop-loss: 255.43.
Target levels: 242.24; 217.76.
The trend is ascendant. The descendant wave structure of H1 level is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure. …
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