MCD - a quick snapshot of what Ronald is looking at

Bullish

  • MACD is starting form a base and attempt a bullish crossover
  • Weekly RSI is slightly bouncing off its horizontal support

Bearish

  • Weekly MACD had a bearish crossover, however, still trading well above centerline
  • $221 resistance as seen on the weekly time frame
  • 50 MA acted as resistance on Sept 30



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