MCD McDonalds: Bouncing off support despite swine flu
I'm very impressed with the action in MCD today. Despite the swine flu hysteria, the stock quickly bounced off support at the $54 area. I took a position with a stop below the trend line.
Former global equities analyst at top-ranked mutual fund. Resigned from position in December 2008 to become an independent trader. Currently trading currencies, options, stocks and commodities.
No comments:
Post a Comment