McDonald's gives in to negative pressure - Analysis - 18-11-2019
2019-11-18 13:55:15 GMT
(Economies.com)
McDonald's stock fell after the resistance of 195.46 held on, representing the ratio 50% of Fibonacci levels, amid pressure from the 50-day SMA, marking a minute 0.2% loss in the last session.
Therefore we expect more losses, targeting the next support at 189.16, representing 61.8% of Fibonacci levels.
Expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1228
|
-0.0049
|
0.4310%
|
|
|
|
|
1.2455
|
0.0147
|
1.1915%
|
|
|
|
Tadawul
|
7312.24
|
58.91
|
0.81%
|
|
|
|
|
18.020
|
0.241
|
1.356%
|
|
|
|
|
40.125
|
1.350
|
3.482%
|
|
|
|
|
42.59
|
-0.55
|
1.27%
|
|
|
|
|
1775.670
|
4.055
|
0.229%
|
|
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