“Breakout Confirmed, Oil Keeps Falling, Yields Down, Here Are The Major Trades!”
MCD is a watchlist candidate for a long entry; bullish interest contingent on price reaching the lower band of the parallel channel.
All right. So, again, looks good on Nike, looks good on Clorox. I mean, there's a You can look at so many of these out there. They all look relatively the same. They've been beaten up.
McDonald's. I mean, heck, even McDonald's. Look at this one here. Uh McDonald's, by the way, I am watching this one. If this somehow can get down to this lower band of this parallel, I love it.
It's still got a little ways to go, but it is getting there. But look at how beaten up McDonald's is. I mean, incredible. Now, again, you can like McDonald's, you can hate McDonald's.
Frankly, I couldn't care less. All I care about is what the chart is doing and saying, and whether or not I'm getting the triggers or the signals to be a buy or a short.