McDonald's Corporation
업데이트됨

MCD eyes on $301.51 above, 285.59 below: E-coli fallout range

243
Followup to my previous long and exit calls (click).

MCD got some bad news with an e-coli event.
The immediate drop has bounced to Genesis fib.
Just below is a Golden Covid fib for some support.

$ 301.51 is the immediate hurdle.
$ 298.47 could offer some support.
$ 285.39 below is now crucial support.

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Good thing we exited MCD recently:
MCD eyes on $269: MickeyDee's needs to bounce here


And bought some Wendy's:
MCD eyes on $269: MickeyDee's needs to bounce here


With Pepsi to wash it down:
PEP eyes on 165.3x below, 171.48 above: Key levels into earnings


And that's probably about it for fast food binge.

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액티브 트레이드
PERFECT Fib range
스냅샷
(yellow shaded area is from posting time).
Options traders may have strangled that range.
Or perhaps an Iron Condor as containment bet.

.

Zoom IN (m5)
스냅샷
Even an Earnings Report could not break out.
So we can count on these fibs AND their sisters.
So we wait for break or Ping bounce on either one.

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