BelindaHaywood
02-07

$McDonald's(MCD)$

MCD, WILL EARNINGS INCLUDE A HAPPY MEAL?

On quick glance, maybe a little bit of a happy meal, but they definitely gonna forget the toy.

Why does this chart look like a child drew it?

Well, it was drawn on my one of the streams I did back in oct and since the lines are still holding and trends are still holding, I figured I'd share it again.

my last post was deleted because I used a bad word. which is fair.

Price is sitting right under major rejection, if it breaks over, the rocket can continue, but if it can't, lookout.

I think it's getting close to the top and earnings takes it maybe up a little past 300, but more than likely, we start to see the downside take over for a bit.

Again, fully depends on the trend and what happens with earnings because things can change fast with these numbers but as of now. I'd say bears get favoring.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
3
3