MCD Bullish Breakout
Updated
A consumer staple defensive, unaffected by tariffs. ER May 1, but would need big miss (like Jan 18) to drop, and in any event lower revenues already in guidance and therefore estimate. Indebted, so benefits from no-hike policy, not really affected if USD falls.
Just broke out, so buy retest of breakout line for top of channel. 2% SL below last low.
BUY 191 SL 187 TP 214 RR 5.75 RISK 2.09%
Just broke out, so buy retest of breakout line for top of channel. 2% SL below last low.
BUY 191 SL 187 TP 214 RR 5.75 RISK 2.09%
Order cancelled
Never filled, otherwise would have gone to target beautifully.
David Atherton
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