Trade idea for Mc.Donald`s Corp. (NYSE)
#MCD
The trend is descendant. The share is fluctuating between 365 and 135 moving averages. The mirror level 237.90 restrains buyers. Stochastic Oscillator signals overbought conditions.
Trade idea:
Sell when the descendant wave structure forms, where the wave (A) breaches the inclined channel of the ascendant structure.
Stop-loss is beyond …