MCD - BROKE Falling Trend Channel

30 มี.ค. 2023

- MCD has broken through the ceiling of a falling trend channel in the medium long term.
- The price has broken through the ceiling at 272 of a rectangle pattern.
- A decisive break will signal a further rise to 286 or more.
- There is no resistance in the price chart and further rise is indicated.
- In case of a negative reaction, the stock has support at approximately 260.
- The RSI curve shows a rising trend, which could be an early signal of the start of a rising trend for the price as well.
- Overall assessed as technically positive for the medium long term.

*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price

Verify it first and believe later.

WavePoint ❤️