MCD eyes on $301.51 above, 285.59 below: E-coli fallout range

מעודכן
Followup to my previous long and exit calls (click).

MCD got some bad news with an e-coli event.
The immediate drop has bounced to Genesis fib.
Just below is a Golden Covid fib for some support.

$ 301.51 is the immediate hurdle.
$ 298.47 could offer some support.
$ 285.39 below is now crucial support.

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Good thing we exited MCD recently:
MCD eyes on $269: MickeyDee's needs to bounce here


And bought some Wendy's:
MCD eyes on $269: MickeyDee's needs to bounce here


With Pepsi to wash it down:
PEP eyes on 165.3x below, 171.48 above: Key levels into earnings


And that's probably about it for fast food binge.

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עסקה פעילה
PERFECT Fib range
תמונת-בזק
(yellow shaded area is from posting time).
Options traders may have strangled that range.
Or perhaps an Iron Condor as containment bet.

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Zoom IN (m5)
תמונת-בזק
Even an Earnings Report could not break out.
So we can count on these fibs AND their sisters.
So we wait for break or Ping bounce on either one.

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FibonaccigoldenratioSupport and Resistance

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

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