fredpui

McDonalds .. business up

Long
fredpui Updated   
NYSE:MCD   McDonald's Corporation
Strong business like Mcdonalds has touched on MA100 and look at the price actions for the past 2 weeks, on July 19 it rallied up July 27 for 8 days, now it seems to have retraced down to 33%level (8 more days, which is equal in time).

I expect to see Mcdonalds to head up higher from here.

Price target 254.
Comment:

looking at the hourly chart for $mcd, it pulled up quite strong and the last hour volume bar was high. Good indication. Anticipate it to go higher

i have a bull put spread on mcd

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.