McDonald's shares slowed down at a new all-time high
McDonald's shares are rising in value in the stock market. The share price was able to break the value record and create a new all-time high at $ 247.20 per share. Before the close of trading on Friday, the price stopped near the highs and is ready to rise further.
If, after the opening of trade, the price can overcome this new historical maximum, then this will be a good signal for us to open a position. We placed our order slightly higher at 247.50. We set the Take Profit order at the flat level of 250.00, where the price is likely to receive resistance.
Order Type: Pending Order - Buy Stop
Entry Price at 247.50
Take Profit at 250.00
Pips Earning: 250
Forex trade strategy for major currency pairs:
EURUSD sell at the price of 1.1680
USDJPY buy at the price of 111.00
GBPUSD buy at the price of 1.3710
USDCHF buy at the price of 0.9295
The result of a trade recommendation.
Daily trading analysis on stock market shares from AZAforex
The profit can be $250.00 if the trading volume of 100 Shares.