Sagar Nandi
The trading technique using Memory support worked well on $MCD.

I had explained the possible trade using short put vertical at length in the last Morning Market Meet live webinar. The video is on our YouTube channel, whose link is here. That trade analysis was at points 1 and 2 on the weekly and daily charts respectively. You may watch the full video and study multipole CUE 360 stock analysis including the one on MCD.

Today, one week later, MCD is up (points 3 and 4 respectively in weekly and daily charts).

The Memory support proved to be effective and the trade using short put vertical ended with great profit.

The trade could be taken as a stock trade as well, as I mentioned in the same webinar. That entry would be at point 5 when MCD went up from Support with a Bull Release signal on the daily chart.

MCD chart 2019-02-15_10-23-22.jpg 
Sagar Nandi
Following up on the stock long entry on MCD.

The stock long position could be taken at point A marked on the chart, as mentioned in the previous post, on 14th Feb 2019.

Two trading days later, on 19th Feb at point B the trade had given more profit than the risk taken in the trade.

As it was a reversal trade, following CUE guideline, traders would book at least partial profit and put stop in a way that the entire trade is risk-free from then onward.

MCD Stock exit 2019-02-20_11-08-00.jpg    

Disclaimer: This site is for educational purposes only, explaining the use of CUE systems and techniques. It is not for trade advice. Trading involves risk. You and only you are solely responsible for the outcome of your trades.

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