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FX.co ★ McDonald's Shares Survey according to the Point and Figure charting for 18.01.2012

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Forex Analysis:::2012-01-18T10:46:58

McDonald's Shares Survey according to the Point and Figure charting for 18.01.2012

MCD shares continued the ascending movement from additional line of an upward trend 99.6. Today it is expected that MCD shares will continue their climbing motion to the resistance level 102.0, where the bull’s resistance line is drawn.

Sales are considered only after the main line of an upward trend 99.3 has been overcome. In case it is passed through, the way to 98.5 will open.
As long as the main tendency remains ascending, today it is recommended to buy MCD shares.

McDonald's Shares Survey according to the Point and Figure charting for 18.01.2012

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