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gghsusa
Aug 12, 2019 6:39 PM

mcd corrective wave due? Short

McDonald's CorporationNYSE

Description

MCD looks ready to simmer down for a while. MCD will probably be great long long term but it could be due for health consolidation/correction.

Comment

I had my doubts about that being a top but looks like we nailed that one pretty good. It's on trend now so we'll see if it finds support or begins a deeper correction. Real estate is due for a correction going into mid 2020 so it wouldn't surprise me to see MCD correct.
Comments
transparent-fx
appreciated that you took the time to share, take a look at my work if you want, i'm sure you would like it
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