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jangseohee
16 de Nov de 2014 01:01

Business as usual Viés de alta

McDonald's CorporationNYSE

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MCD cope really well with the recent sold off in first half of October.
Technical, it found strong support at 200ema, having two weeks of hammers, in addition both indicators also provide strong support as highlighted.
Hence, i reckon price will most probably continue to complete the rising wedge pattern until price reach the previous resistance of 103.78 which coincide with both indicators meeting their respective upside resistance
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