MCTrump Supreme with a side of EBOLA Large
After Ebola news failed attempt to blame Onions and get the market down like Chipotle once did. It is only under my speculation, seeing the Justice League eating McDonalds on Trump's private plane that makes you wonder. Why is the marketing so heavy labeling McDonald as real American Food?
I believe investments are going heavy on the company and the bearish short movement was only a way to acquiring at good discount the Franchise.
Mcdonald has a heavy support/demand at the $290 which seem unbreakable since the first run up as shown in the chart. I only spend minutes on the $288 once it dropped and quickly jumped up to the $290 safety net.
I believe McDonald started an accumulation phase that will lead to a public participation phase to around the $325 area. The reasoning behind the call to the price is that McDonald has shown that at the end of the 3 phases at distribution, it gains approximately 30, if repetition is at practice, I see this as a bullish 321/325/330 area.
I believe investments are going heavy on the company and the bearish short movement was only a way to acquiring at good discount the Franchise.
Mcdonald has a heavy support/demand at the $290 which seem unbreakable since the first run up as shown in the chart. I only spend minutes on the $288 once it dropped and quickly jumped up to the $290 safety net.
I believe McDonald started an accumulation phase that will lead to a public participation phase to around the $325 area. The reasoning behind the call to the price is that McDonald has shown that at the end of the 3 phases at distribution, it gains approximately 30, if repetition is at practice, I see this as a bullish 321/325/330 area.
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