TECH Buy 04.07.2025 08:11
McDonald’s Corp.: wave analysis
The possibility of growth remains.
On the daily chart, the formation of the ascending third wave of the higher level 3 and wave (5) of 3 continues, while on the four-hour chart, the fifth wave of the lower level iii of 5 has already appeared, the local correction as the fourth wave iv of 5 has ended and the construction of the fifth wave v of 5 has begun. If the assumption is correct, the asset’s upward dynamics will continue in the area of 340.00–370.00. The level of 283.60 is critical and stop-loss for this scenario.
Indicators
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Wait
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Wait
Overall recommendation Sell