How a newcomer can earn with trade stocks on the stock exchange. The answer is very simple - use the technical analysis of professionals in your trade. For beginners, the basics and start will be more understandable when you follow the example of other successful traders.
The stable growth of McDonalds giant fast food stocks reflects first of all our eating habits. We began to hurry too much in pursuit of profit. With AzaForex broker you will not need to rush, you can relax with a home salad and make good money on McDonalds promotions. The earnings per share for today is 5.48. Refill the account and follow the recommendations of professionals! Do not go against the market - a technical summary of the company involves an active purchase of shares. Before the opening of trading, everyone expects that the growth of quotations will continue and the value of shares will continue to grow. The price can pass and the nearest level in 132, having opened above 131. Take the calculator and consider profit from the transactions. The stock price is confidently moving up to its historic high. If the market analyst is correct, then with this transaction it will be possible to earn about 200 points.
The price is above a simple moving average 200 MA and 20 MA indicating bullish trend.
The MACD trend indicator is above zero level now, indicating bullish movement.
If the resistance level is broken you can use the following recommendation:
• Chart timeframe: Week
• The trade recommendation: Buy
• The level of entry into long position: 132.00
• The level of profit and close the position: 134.00 (200 pips)
Forex currency pair EURUSD
Opportunity to buy if the price crosses the resistance level 1.0560
Forex currency pair GBPUSD
Opportunity to buy if the price crosses the resistance level 1.2520
Forex currency pair USDCHF
Opportunity to buy if the price crosses the resistance level 1.0100
Forex currency pair USDJPY
Opportunity for sale if the price crosses the support level 109.30