October 25, 2012

McDonalds Trend update

  • McDonalds staying below the Weekly cloud will continue to favor the bears of MCD
  • Price has fallen below 100 Week SMA. 
  • Bears of MCD Need a close below 85.92 - 86.15 zone for further extending gains.
  • Price staying below Weekly cloud is bad news for the long term trend of the stock.

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