McDonald's Corporation

McDonald's update

192
McDonald's has been having a great run, with price rarely selling off even during economic cycles and turmoil. Now in a channel with confirmed levels. Over the past year price made it 35.57% up with all time high at $222. Creates great options to trade when the price tests the low side of the channel. Long trade with a good risk-reward or wait for the potential break to sell. Majority of banks and investment funds see this stock as 'overweight'. Watch for the next test of the channel lows. Good Luck!

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