Tech
Entertainment
U.S. & World
Tech
Entertainment
U.S. & World

MCD Supersize Your Portfolio

By on March 6, 2013

Today while studying some charts we came across McDonald’s and decided to pull in for a quick analysis of the stock.

What we found is that you can supersize your portfolio by accumulating this name here. The stock is consolidating in a bullish ascending triangle pattern after being in an uptrend since late November.

We feel that we are very close to a breakout as the trading range has been narrowing during the past few weeks. We would set our stops right under the trend-line for a high probability trade.

MCD

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