Oct 06, 2021 (Stock Traders Daily via COMTEX) -- Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes trading in Mcdonald's (NYS:MCD) with integrated risk controls.
The trading plans were valid at the time this was published, but the support and resistance levels for MCD change as time passes, and this should be updated in real time. Access those real time updates for this and 1000 other stocks here. Unlimited Real Time Reports
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Use the basic rules of Technical Analysis. Here are some examples: if MCD is testing support the signal is to buy and target resistance. On the other hand, if resistance is tested, that is a sign to short, and target support. No matter which side the trade is, long or short, the trigger point is both a place to enter and as a risk control.
This data can be used to define Day Trading, Swing Trading, and Long Term Investing plans for MCD too. All of these are offered here: Access our Real Time Trading Plans
Buy MCD over 238.79 target 248.56 stop loss @ 238.1
Short MCD under 248.56, target 238.79, stop loss @ 249.28
Buy MCD over 247.62, target 248.56, Stop Loss @ 246.9
Short MCD near 247.62, target 242.36, Stop Loss @ 248.34.
Buy MCD over 246.01, target 247.62, Stop Loss @ 245.44
Short MCD near 246.01, target 242.88, Stop Loss @ 246.58.
MCD Technical Summary | Raw Data for the Trading Plans
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