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UnknownUnicorn1020621

MCD: Are we rotating to Food and Telecom?

Long
McDonald's Corporation (NYSE:MCD)  
UnknownUnicorn1020621 Updated   
NYSE:MCD   McDonald's Corporation
Trend Analysis Wave Analysis
4
2
trendanalysis waveanalysis
Fundamentals: Restaurants business is going crazy. That makes sense because where there are people there is going to be a need for food. Also looking for a trade opportunity in $SBUX (Alpha: Their overvalued coffee and sandwiches) $CMG (who doesn't love Ackman and "Mexican food").

Technicals: Monthly breakout on restaurant and telecom stocks.
Comment:
Possible short below the support.
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