logo

FX.co ★ McDonald's Shares Survey according to the Point and Figure Charting for January 25, 2012

McDonald's Shares Survey according to the Point and Figure Charting for January 25, 2012

Having overcome the support level 99.9 the McDonald's shares broke down the main line of the ascending trend and gave the signal for SELL-deals.

Presently the support level 97. 2 is the main target for sellers.

In case the resistance level 102.0 is passed through, the way to the point 103. 2 will open.

The relative strength chart is located in the O column indicating the sellers’ force.

McDonald's Shares Survey according to the Point and Figure Charting for January 25, 2012

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Open trading account