More To Come From MCD

(Click on image to enlarge)

MCD daily chart

As you all know from my previous posts MCD is one of my watch list stocks, and since the buying by the market makers in November which was self-evident, it has been performing very well. First-quarter earnings are due on 29th January with a forecast of $1.96 against last year’s Q1 of $1.97, so marginally lower. But if the forecast is beaten this should provide the catalyst for further gains and a move to test the $220 per share highs of summer 2019.

Disclaimer: Futures, stocks, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in ...

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