McDonald's Corporation

Long

Updated

Ammunition park at 206 price level for MCD stock

No hurry, awaiting for this stock to come own to this level - 206 to 218 to consider going LONG

Note

254.33 is a strong resistance area that it must clear else it will falls again

Note

cnbc.com/2022/07/27/mcdonalds-raises-price-of-uk-cheeseburger-for-first-time-in-14-years.html

Note

cnbc.com/2023/04/25/mcdonalds-diners-push-back-against-price-increases.html

Note

sg.finance.yahoo.com/news/mcdonalds-earnings-preview-golden-arches-keep-growing-amid-consumers-hunt-for-value-134632331.html

Note

300 price level is a strong resistance level

Note

added more last night

Note

there has been talks about recession coming in US next year and i wonder if it hits, would people still go to MCD ? Or would they cut down ? I mean many of these fast food chains globally are slashing prices to increase their revenues.......

Note

sg.finance.yahoo.com/news/donald-trump-is-set-for-a-mcdonalds-stop-in-latest-2024-campaign-effort-to-claim-the-golden-arches-080055004.html

Note

cnbc.com/2024/10/30/mcdonalds-e-coli-outbreak-cdc-update.html

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Disclaimer

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.