$MCD support is kijun for now; looking to historic trend lines

5 апр. 2020 г.

Kijun has served as major support. Breakdown/close of 3M candle below Kijun, will be looking to historic trend lines for next level of support. Note the Fib levels that have served as support and resistance in multiple ranges (notably at $103 and $69). Confluence of historic trend line, 50 SMA, and 2.618 Fib level would signal long entry/cover short.

Please share your thoughts. Contrasting perspectives preferred

6 апр. 2020 г.

Заметка

Ticker should be MCD and not 3M above