– McDonald’s under strong bearish pressure
– Likely to fall to support level 250.00
McDonald’s Corp under the strong bearish pressure after the price broke the key support level 261.40, which stopped the previous minor impulse wave i at the end of April.
The breakout of the support level 261.40 accelerated the active impulse wave c of the minor ABC correction 2 from January.
McDonald’s can be expected to fall further to the next support level 250.00, target price for the competition of the active impulse wave c.
Dow Jones: ⬇️ Sell - Dow Jones reversed from resistance level 49000.00 - Likely to fall…
Comcast: ⬆️ Buy - Comcast broke resistance area - Likely to rise to resistance level 31.00…
Platinum: ⬆️ Buy - Platinum broke resistance level 1800.00 - Likely to rise to resistance…
Silver: ⬆️ Buy - Silver broke resistance zone - Likely to rise to resistance level…
The Fed is in no hurry to cut rates, and Hassett is unlikely to accelerate…
Crypto market faces renewed downward pressure; Bitcoin may drop further, with diverging forecasts for 2026…
This website uses cookies