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.% | ||
|---|---|---|---|---|---|
|
|
|
1.1058
|
-0.0004
|
0.0366%
|
|
|
|
|
1.3150
|
0.0013
|
0.0982%
|
|
|
|
Tadawul
|
8120.01
|
21.27
|
0.26%
|
|
|
|
|
16.601
|
0.029
|
0.177%
|
|
|
|
|
59.025
|
-0.085
|
0.144%
|
|
|
|
|
64.20
|
-0.18
|
0.28%
|
|
|
|
|
1460.215
|
0.370
|
0.025%
|
|
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