MC DONALDS at 20 years low trend line! Take position Long.
Updated
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)
- 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)
Trade closed: target reached
Macdonalds Position at 287,88 (30-aug-24)
Taking 6,5 % profit and holding position in 4 month
Trade closed: target reached
Selling Final positions at 294 (17-09-2024). 8,8 %
Selling the positions at previous high.
New high will be tested, but not taking that risk.
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