Trading Idea - #McDonalds
BUY:
ENTRY: 235.10 USD
TARGET: 260.00 USD (+10%)
STOP: 221.50 USD
1.) The former downward trend (Oct.2020 - Mar.2021) was ended by a strong upward movement, which broke through the resistance level at 230 USD. Technically speaking, this means an upward movement continuation.
2.) The business of the world's largest fast food group has recovered. The reason for this are the many drive-in restaurants especially in the US, as well as the delivery service and the digital offers.
3.) For 2021, McDonalds is considered a profiteer of the step-by-step reopening in the pandemic.
ENTRY: 235.10 USD
TARGET: 260.00 USD (+10%)
STOP: 221.50 USD
1.) The former downward trend (Oct.2020 - Mar.2021) was ended by a strong upward movement, which broke through the resistance level at 230 USD. Technically speaking, this means an upward movement continuation.
2.) The business of the world's largest fast food group has recovered. The reason for this are the many drive-in restaurants especially in the US, as well as the delivery service and the digital offers.
3.) For 2021, McDonalds is considered a profiteer of the step-by-step reopening in the pandemic.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.