A VERY SHORT TERM NEW IDEA ON MCDONALD’S CORP (MCD)
McDonald’s Corp (MCD) reported below expectation same store sales. McDonald’s opened lower. Now McDonald’s is undergoing a massive short squeeze. We will start scaling in shorts on the exhaustion of current upspike. Please use your technical indicators to determine the exhaustion. Suggested entry zone is $81.20 to $82.50. Stop zone $82.61 to $83.26. Obviously the higher the entry the better. Target zone is $78. to $79.26. Those not experienced in determining exhaustion of an upspike may consider attending one of our coaching seminars on the subject. There is a waiting list.