How to Trade McDonald’s (MCD) Breakout Fakeout
MCD's chart has some recognizable reference points we can work with
McDonald’s (MCD) has, surprisingly, been a bit of a dud lately. The rally was very steep, and we’ve seen it being taken down a few pegs lately.
Serge Berger walks through recent activity in MCD and how you can take advantage of reliable reference points in the stock with a long position.
Serge Berger is the head trader and investment strategist for The Steady Trader. Sign up for his free Weekly Market Outlook Video here.
Article printed from InvestorPlace Media, http://investorplace.com/247trader/how-to-trade-mcdonalds-mcd-breakout-fakeout/.
©2013 InvestorPlace Media, LLC