Mornau-Research

MCD - I'm lovin it!

Long
NYSE:MCD   MCDONALD'S CORPORATION
Quick update on Mc Donalds! NYSE:MCD

Because of the price movement this morning, i decided to open a long position in mc donalds.
The wave 4 correction is very likely over and we will start our journey to prices of 250$ or more.

Primary scenario:
In the next days and weeks we will see a solid uptrend, wave 5 should bring us to atleast 250$
From there we will start a short correction, in the long run mc donalds can reach prices up to 300$

Alternative scenario:
My alternative scenario will get triggered if we break the previous low.
The bears will bring mc donalds directly to prices of 190$ or lower.

Long 1#
Entry: 212.22$
Profit target: 250 and more !
Stop-Loss: None - Buy and hold
Trade active: Position is open like described...
If you should have any questions or want to get signals before i publish them on tradingview, feel free to contact me.

Comments

Oh I see you with that 1.27. Nice work
+1 Reply
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