looking back at @Barcode analysis, $McDonald's(MCD)$ is falling further//@Barcode:

Reply to @nomadic_m due to limiting 300 word limit ba ha ha! Again 🤪

For your position in MCD looking at indicators, this is what I see:

MCD stock is showing positive momentum with buying pressure indicated by the CMF, a bullish MACD crossover, and neutral RSI. The stock is near the upper Bollinger Band, suggesting a potential pullback or consolidation. Key levels to watch are support around $253 and resistance at $254.49. The stock could continue upward if it breaks resistance or pull back if it fails.

Happy trading ahead, good luck! 🍀

Cheers, BC.

@Barcode
Reply to @nomadic_m due to limiting 300 word limit ba ha ha! Again 🤪 For your position in MCD looking at indicators, this is what I see: MCD stock is showing positive momentum with buying pressure indicated by the CMF, a bullish MACD crossover, and neutral RSI. The stock is near the upper Bollinger Band, suggesting a potential pullback or consolidation. Key levels to watch are support around $253 and resistance at $254.49. The stock could continue upward if it breaks resistance or pull back if it fails. Happy trading ahead, good luck! 🍀 Cheers, BC.
Reply to @nomadic_m due to limiting 300 word limit ba ha ha! Again 🤪 For your position in MCD looking at indicators, this is what I see: MCD stock is showing positive momentum with buying pressure indicated by the CMF, a bullish MACD crossover, and neutral RSI. The stock is near the upper Bollinger Band, suggesting a potential pullback or consolidation. Key levels to watch are support around $253 and resistance at $254.49. The stock could continue upward if it breaks resistance or pull back if it fails. Happy trading ahead, good luck! 🍀 Cheers, BC.

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  • Nice analysis, @Barcode
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