Ammunition park at 206 price level for MCD stock

No hurry, awaiting for this stock to come own to this level - 206 to 218 to consider going LONG

Note

254.33 is a strong resistance area that it must clear else it will falls again

Note

cnbc.com/2022/07/27/mcdonalds-raises-price-of-uk-cheeseburger-for-first-time-in-14-years.html

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cnbc.com/2023/04/25/mcdonalds-diners-push-back-against-price-increases.html

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sg.finance.yahoo.com/news/mcdonalds-earnings-preview-golden-arches-keep-growing-amid-consumers-hunt-for-value-134632331.html

Note

300 price level is a strong resistance level

Note

added more last night

Note

there has been talks about recession coming in US next year and i wonder if it hits, would people still go to MCD ? Or would they cut down ? I mean many of these fast food chains globally are slashing prices to increase their revenues.......

Note

sg.finance.yahoo.com/news/donald-trump-is-set-for-a-mcdonalds-stop-in-latest-2024-campaign-effort-to-claim-the-golden-arches-080055004.html

Note

cnbc.com/2024/10/30/mcdonalds-e-coli-outbreak-cdc-update.html

dchua1969

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dchua1969