At this point in time, while we are waiting for the market to correct, there are isolated buy signals that pop up from time to time. McDonalds Corp (MCD) is showing a hammer candle on the weekly chart that tells us buyers are still out there. This chart also gives us a clear level of support that will help us manage risk on this trade. Please pay careful attention to the video that I’ve produced for you because I will also show you what the daily candle chart looks like in MCD.
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