Erwin00NL

MC DONALDS at 20 years low trend line! Take position Long.

Long
BATS:MCD   McDonald's Corporation
MCD - Mac Donald Corp Trend line has a Major strong trend line.

- Indicators showing first signs for uptrend.
- Graphic showing position at bottom MAJOR trend line.

Posible profit:
- 10% profit fot the next 3m - 6m must be easely reached.
- If it fails it will follow the bottom trend line and is still uptrending.


Biggest risk is the at home delivery companies.

For what I noticed they are also becoming part of delivery in the city.
This might also be a new market for them, when they know to deliver 'cheaper food' as them neighbors.


A good stock to take at the higher regions of the market.

Are you in?

Stock at 270 (5-may-2024)

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