IF YOU WANT TO PLAY THE REOPENING PHASE SHORT TERM, IN A VERY CAREFUL MANNER,
THERE ARE THREE STOCKS TO BUY, MCDONALD, YUM BRANDS, SHAKE SHACK. THESE COMPANIES HAVE GLOBAL FOOTPRINT, SO IF SOME U.S. STATES HAVE TO STAND DOWN ON REOPENING,
THE GLOBAL FOOTPRINT ALLOWS THIS COMPANIES TO GENERATE REVENUES ACROSS THE GLOBAL ECONOMY.
THESE COMPANIES DO NOT OPERATE AS ANY CLASSIC RESTAURANT TO GENERATE REVENUES, THEIR BUSINESSES OPERATION ARE FULLY INTEGRATED WITH THE E-COMMERCE BUSINESS,
THAT MAKES THESE STOCKS ABLE TO GET THROUGH THE ONGOING ECONOMIC AND CONSUMER SLOWDOWN.
HOWEVER, AT VERY HIGH PRICES WOULD NOT HOLD FOR A LONG TIME HORIZON.
MCD STOCK CHART MOVES OFF A DOUBLE BOTTOM THROUGH THE 200 DAYS MOVING AVERAGE, STRONG BUY SIGNAL, ALTHOUGH RSI OSCILLATOR SIGNAL OVERBOUGHT.
THERE ARE THREE STOCKS TO BUY, MCDONALD, YUM BRANDS, SHAKE SHACK. THESE COMPANIES HAVE GLOBAL FOOTPRINT, SO IF SOME U.S. STATES HAVE TO STAND DOWN ON REOPENING,
THE GLOBAL FOOTPRINT ALLOWS THIS COMPANIES TO GENERATE REVENUES ACROSS THE GLOBAL ECONOMY.
THESE COMPANIES DO NOT OPERATE AS ANY CLASSIC RESTAURANT TO GENERATE REVENUES, THEIR BUSINESSES OPERATION ARE FULLY INTEGRATED WITH THE E-COMMERCE BUSINESS,
THAT MAKES THESE STOCKS ABLE TO GET THROUGH THE ONGOING ECONOMIC AND CONSUMER SLOWDOWN.
HOWEVER, AT VERY HIGH PRICES WOULD NOT HOLD FOR A LONG TIME HORIZON.
MCD STOCK CHART MOVES OFF A DOUBLE BOTTOM THROUGH THE 200 DAYS MOVING AVERAGE, STRONG BUY SIGNAL, ALTHOUGH RSI OSCILLATOR SIGNAL OVERBOUGHT.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.