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Jan 28, 2022 7:29 AM

MCD Earnings Musk eating a Happy Meal if McDonald's accepts DOGE Long

McDonald's CorporationNYSE

Description

Elon Musk said he would eat a Happy Meal on TV if McDonald's started accepting Dogecoin as a form of payment.

Even BurgerKing, who had joint marketing campaigns with Dogecoin before, commented on the tweet.

MCD McDonald's global sales increased 12.3% in Q4, +7.5% in U.S. sales

but:

Revenue: $6.01 billion vs $6.02 billion expected
EPS: $2.23 vs $2.33 expected

My scenario is a bounce from this support, forming a Head and Shoulders Bearish chart parttern with a price target around $229.



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