MCD Long analysis
As always using support and resistance levels, I also checked some fundamentals as well as hedge funds and institutional investors' expectations and also because McDonald's is well-known trademark I don't expect it to drop below 170-175, look at horizontal the support line I drew.
So I entered long position and might enter again even if price drops as I believe in long term (next 6-12 months) to reach price of 235$.
So I entered long position and might enter again even if price drops as I believe in long term (next 6-12 months) to reach price of 235$.
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