ENTRY: 235.10 USD
TARGET: 260.00 USD (+10%)
STOP: 221.50 USD
1.) The former downward trend (Oct.2020 - Mar.2021) was ended by a strong upward movement, which broke through the at 230 USD. Technically speaking, this means an upward movement continuation.
2.) The business of the world's largest fast food group has recovered . The reason for this are the many drive-in restaurants especially in the US, as well as the delivery service and the digital offers.
3.) For 2021, McDonalds is considered a profiteer of the step-by-step reopening in the pandemic.