MCD looks ready to simmer down for a while. MCD will probably be great long long term but it could be due for health consolidation/correction.Note
I had my doubts about that being a top but looks like we nailed that one pretty good. It's on trend now so we'll see if it finds support or begins a deeper correction. Real estate is due for a correction going into mid 2020 so it wouldn't surprise me to see MCD correct.
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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.