This
chart is very strong, the current Wyckoff markup phase has held up better
than any other stock within the SP500.
Macdonalds is a buy if a sell off does not go too far past $84. Bad news from
Europe could send this stock lower a few more points, allowing swing traders
to enter at great prices. One to watch this week.
Of course we encourage members to check the alpha and gann angle status before
making any investment decision.
Swing trade found via readtheticker.com swing scanner.
We are financial market enthusiasts using methods expressed by the Gann, Hurst
and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides
online stock and index charts with commentary. We are not brokers, bankers,
financial planners, hedge fund traders or investment advisors, we are private
investors.
LEGAL DISCLAIMER: The material is presented for educational purposes
only and may contain errors or omissions and are subject to change without
notice. Readtheticker.com (or 'RTT') members and or associates are NOT responsible
for any actions you may take on any comments, advice,annotations or advertisement
presented in this content. This material is not presented to be a recommendation
to buy or sell any financial instrument (including but not limited to stocks,
forex, options, bonds or futures, on any exchange in the world) or as 'investment
advice'. Readtheticker.com members may have a position in any company or security
mentioned herein.
Circle Us