Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
July 23, 2013
McDonalds Chart analysis
Sustaining inside the channel will resume the up move in MCD.
Breaking the channel support line again may give a fall towards 200 Day SMA.
The presence of the GAP and Daily Ichimoku cloud will make the up move tougher. Price sustaining below the cloud will extend losses for bulls of MCD.
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