Finally I found a stock that’s oversold (MCD)

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This stock barely participated in the rally for the past two weeks.  Stochastics are indicating oversold levels and MACD is also at negative territory.  I will look at how the price reacts at the $54.13 level and well hopefully it holds so I can finally go long.  All the other high betas stocks have flown away… It’s time to purchase high quality stocks at good discounts.

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