Why I Buy MacDonalds With Both Hands

MCD tanked impressively lately.

I had no clue why.
Then I checked the News, which I very rarely do.

There was one article that made absolutely no sense to me:

"Concerns about weight-loss drugs:
There are some concerns that the growing popularity of weight-loss drugs, such as Ozempic and Wegovy, could take away demand from food companies like McDonald's."

To me, this writer has inverse Logic.
Why?
Because if I would love the (crappy) MCD Food, and I could just take a Pill and loose weight, I would probably eat more at MCD.

However, I buy with both hands since MCD is a the Center-Line of this Pull-Back Fork, as soon I have some indication.
(Heads Up: Earnings ahead!)

And remember: You can buy, even when you sell (...hint: Puts). It's the Buffet way. If price close in the money at end of DTE, you got the Put's premium, AND the Stock for a way cheaper price. If price is closing out of the money after DTE, you keep the premium....double Whopper §8-)

Away for a healthy Burger at $MyOneKitchen.

노트

I hope you enjoy your ride §8-)

It's time to take at least partial profits. It's running on full steam and I doubt that this will continue. The Pull-Back to the Quarter line of the Pitchfork is my warning sign.
So, 75% of the Steak must go.

HowToChart

🔱 Follow The Fork 🔱

👉 Avoid subjectivity.
👉 Find multiple R Trades.
👉 Trade the Medianles aka Pitchfork Edge

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.

HowToChart

🔱 Follow The Fork 🔱

👉 Avoid subjectivity.
👉 Find multiple R Trades.
👉 Trade the Medianles aka Pitchfork Edge