Not interested in owning MCD due to spending concerns; sees current price as a trading opportunity for a technical bounce.

Uh, next up, McDonald's. On the inverse side of the coin, you can see here McDonald's over the past several days here, uh, from July all the way through August was doing its best to try to maintain within this inclining parallel channel that started back here from March of 2022. Over the most recent trading days, it could not hold it, guys. Even plunged further today.

McDonald's, look at this huge drop in McDonald's stock price . Why are McDonald's shares being sold ? Well, McDonald's shares are being sold because it announced a plan to reinvest in the company. This plan involves investing huge sums in companies to increase their profit margins to about 50% by 2030, in addition to modernizing and improving the quality of their food and restaurants. correct? But looking at the graphs here, why this decline then? All of this sounds good. Increased profit margins, and a good infrastructure development plan . But much of this investment is upfront. correct? Therefore, investors are concerned that McDonald's will spend too much money too quickly . So I will withdraw. I'm not interested in that. But I am very impressed with this level of McDonald's stock as a potential trading opportunity. We are seeing levels we haven't seen since 2022. If the decline continues, we could be heading to our lowest levels since 2021 or even lower . Okay, but I definitely expect a bounce before that, at least a technical bounce. McDonald's stock has fallen by almost 31% since March, so it is certainly a candidate for a rebound.