Trading idea for Mc.Donald`s Corp. (NYSE)

#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 levels: 234.00; 225.00; 218.00.