MCD Monthly LOG Chart
This iconic American company's stock is nearing completion of an historic bull cycle.
Very few companies can compare to the consistent return MCD has provided its shareholders.
Am I recommending a short? No... There are much better candidates for that strategy out there.
I'm posting this as an example of a complete Elliot wave cycle with a textbook ending diagonal to finish the run.
A potential harbinger of things to come in the commercial real estate market???
Here is a close up of the ending-diagonal 5th wave
This iconic American company's stock is nearing completion of an historic bull cycle.
Very few companies can compare to the consistent return MCD has provided its shareholders.
Am I recommending a short? No... There are much better candidates for that strategy out there.
I'm posting this as an example of a complete Elliot wave cycle with a textbook ending diagonal to finish the run.
A potential harbinger of things to come in the commercial real estate market???
Here is a close up of the ending-diagonal 5th wave
Nota
Getting close....kind of like watching your car odometer flip to 100,000Nota
Who needs Quarter Pounders... we have AI.Looks like it's topped.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.