My study on MCD
Price showing strength after a retracement in October below the 50 and 100 SMA. A confirmed 9 on a buy set up in Demark indicator on the weekly chart.
Fib extension shows a possible target of 264ish, as does classical TA.
Holding for around 350 days, this will give a profit of 35% at 0 leverage, or 176% at X5 leverage
R:R is 5:81
Stop is suggested by Demasrk at around 184
Being a long time veggie, and because I'm conscious of the fact that everything I eat becomes me, I never set foot in the place so I won't be putting any of my money into it but the masses seem to enjoy it!
Give a thumbs up if you like and leave me a comment!
Price showing strength after a retracement in October below the 50 and 100 SMA. A confirmed 9 on a buy set up in Demark indicator on the weekly chart.
Fib extension shows a possible target of 264ish, as does classical TA.
Holding for around 350 days, this will give a profit of 35% at 0 leverage, or 176% at X5 leverage
R:R is 5:81
Stop is suggested by Demasrk at around 184
Being a long time veggie, and because I'm conscious of the fact that everything I eat becomes me, I never set foot in the place so I won't be putting any of my money into it but the masses seem to enjoy it!
Give a thumbs up if you like and leave me a comment!