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Is MCD positioned for a breakout? Pocket Pivot shows up after climbing 0.64%
MCD closed up 0.64% on Thursday, August 20th, with volume running 1.5× above average. Mixed technical signals appeared with Pocket Pivot suggesting upside potential, while Non-ADX 1,2,3,4 Bearish and 20 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 266.75, 264.35 & 261.78, with resistance at 271.72, 274.29 & 276.69.
Current SwingTradeBot Technical Rating of MCD: D
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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