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Is MCD primed for downward momentum? Fell Below 50 Day Moving Average shows up after dropping 1.25%
MCD closed down 1.25% on Thursday, August 13th, with volume running 0.8× below average. Multiple bearish signals emerged — Fell Below 50 DMA, Non-ADX 1,2,3,4 Bearish & 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 270.14, 268.04 & 263.92, with resistance at 276.36, 280.48 & 282.58.
Current SwingTradeBot Technical Rating of MCD: D
Don’t miss other key signals MCD triggered—view them now on SwingTradeBot.com.
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