McDonald's Trading Analysis (17/03/2025)
The trend is up. The stock is trading in the range between 365 and 135 EMAs. The descending truncated wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trade idea:
- Buy at the beginning of the formation of the ascending wave structure.
- Stop-loss at 295.50.
- Price targets at 311.20 and 323.00.
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