MCD -- Burger time didn't pan out!

מעודכן
I previously thought that we would have a quick squeeze to the 170 levels in MCD. However, the market has proven me wrong, and I have chosen to listen.

Given that it didn't follow the imminent bullish setup which was there to take, MCD has presented itself as "not ready for primetime". So I think we are still in the correction and I think we visit the green box sometime in the Sep-Oct timeframe. I will be going long there.
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Chart PatternsTrend Analysis

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