$MCD has just reported and it is a double miss....the concerns continue for $MCD and there are no changes to our chart.
We can see ironically that the price action has formed its own GOLDEN ARCHES since the middle of 2022 and looks set to complete at the red line at $230, so not a buy right now but once support is found, this could be attractive.
They also have a 2.65% dividend.
Jedi
2024-07-29 15:57:23 +0000 UTC