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FX.co ★ McDonald's Stocks Review on Point and Figure Chart

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Forex Analysis:::2012-09-11T08:05:38

McDonald's Stocks Review on Point and Figure Chart

MCD stocks got over the resistance level of 90.8.
Now it is a great opportunity to sell the securities.
A significant price deviation from the major line of the uptrend also indicates stock’s fall.
The primary target for the sellers will be the support level of 90.0.
Axel’s Levels for Today:
Daily pivot: 91.24.
If the price is above the pivot point, the asset is bullish.
If the price is below the pivot point, the asset is bearish.
Resistance 1: 91.58
Resistance 2: 91.83
Support 1: 90.99
Support 2: 90.65
It is recommended to sell MCD stocks today.

McDonald's Stocks Review on Point and Figure Chart

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