$McDonald's(MCD)$ PPO has been rising for weeks while the stock was going lower. A/D line as well. The stock was being accumulated for a long time now. Report doesn't really matter. The market knows this business isn't going anywhere and it's just a matter of time until profits increase. Back to all time highs soon.
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