Today we’re taking a look at a stock in the Consumer Discretionary Sector. Ticker symbol $MCD
They make burgers, fries, chicken and a variety of desserts. The food is okay, I guess. The stock is way better.
This looks like a year-long base trying to break out to new all-time highs.
We only want to be betting on this long if it is above 220. Otherwise, we can’t make that breakout argument. Our upside target is 280.
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