Request for reversal of McDonald’s

23 may 2022 62
Ivan__Titov
Ivan__Titov

Listed among the best MarketCheese authors
1st in the segment "Agricultural commodities"
3rd in the segment "Indices"
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The signals for the upturn have appeared for the McDonald’s shares: 

 

1.   The formation of patterns “inverted hammer” and “morning star” has received confirmation on the chart.


2.   Indicator RSI has reached the oversold zone and turned towards growth. 

 

The nearest goal of McDonald’s upturn is a Fibonacci level of 61.8% (point 240).

Ivan__Titov
Ivan__Titov

Listed among the best MarketCheese authors
1st in the segment "Agricultural commodities"
3rd in the segment "Indices"
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