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.
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$
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.
Profit target: 250 and more !
Stop-Loss: None - Buy and hold