MCD: Buy on the dip risk for selling short
This stock has dipped and slid through its support, which was not a strong support level. There is minimal support nearby. And the support above is now a moderate resistance level.
There was some mild rotation in the Volume Oscillator and Money Flow indicator patterns followed by pro traders selling.
The reversal candlestick pattern failed.
However, the risk for selling short is the retail investors and their investment group gurus advising to buy on the dip.
Today's candle has buy on the dippers in the mix.
There was some mild rotation in the Volume Oscillator and Money Flow indicator patterns followed by pro traders selling.
The reversal candlestick pattern failed.
However, the risk for selling short is the retail investors and their investment group gurus advising to buy on the dip.
Today's candle has buy on the dippers in the mix.
Martha Stokes, CMT
ttrader.im/learn-tv
Learn how to use the technical patterns of each market participant for better trade planning.
ttrader.im/learn-tv
Learn how to use the technical patterns of each market participant for better trade planning.
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Martha Stokes, CMT
ttrader.im/learn-tv
Learn how to use the technical patterns of each market participant for better trade planning.
ttrader.im/learn-tv
Learn how to use the technical patterns of each market participant for better trade planning.
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.