MCD lives on people liking what they eat and eating a lot of it. The Happy Meal is famous. into the business model comes the new wave biologics for obesity and diabetes. the shots that cut down the weight and the food addiction. Insurance companies are jumping on the bandwagon. 1/3 of the people eat half the food. Increasingly, those people are...
CMG has announced a split. Makes sense to make shares more affordable but fractionals are widely available. CMG may be fundamentally challenged by the underpinnings of the fast food markets. that is overeating and rising prices. In the meanwhile the anti-obesity and anti- diabetes trends are pushing hard led by the bological injectable meds from LLY, NVO...
I believe Del Taco should finally break out of this trend line it's been stuck on!
$TACO looks to have sold off too hard to the downside and now trades near all-time lows. In the current environment, $TACO should do alright. Historically, prior to the introduction of delivery, drive-thru and takeout represented more than 85% of Del Taco’s company-operated restaurant sales. On the recent fiscal fourth quarter 2019 earnings call the Company...
XLM levels are nearly symmetrical/identical on the way up from this spicy XXL bounce. Target's above are set, Levels passed become targets on the way up from the second test. Plan your trade, trade your Plan! (As always, catch us live on Twitch 24/7)
As OIL climbes higher, I favor shorts on this pair. If price breaks through support area - go short targeting 17.30 - 17.40 area (next level of support) with SL at 18.40.
1. Beautifull Divergence for both recent tops (momentum/price) 2. Price broke the trend line 3. Lots of missed pivots below the price Go short targeting the area of support with. SL above the highs. Sell more after support is broken.