Trading idea for Mc.Donald`s Corp. (NYSE)
#MCD
The ascending internal truncated wave structure has ended with a breach of the inclined channel. The Awesome Oscillator indicator shows bearish divergence, and the Stochastic Oscillator indicator signals overbought.
Trading idea:
Sell on a breakout of 257.46.
Stop Loss: 261.08.
Target levels: 253.50; 252.55.