MCD Downward Channel

29 במרץ 2021

MCD has been caught up in the market tides but looks to be quite overvalued. Hitting this trendline from the fall, we're seeing this perfect channel that proves a great MCD short. WIth RSI and Stochastics pointing down, and given the current market volatility, I'm eyeing May puts for a short term swing!

9 באפר׳ 2021

הערה

Although it broke above resistance, it came falling today although rest of market was strong. Still bearish on MCD for the next couple weeks.