Short Thesis - MCD Major Trend Break & Double Top
MCD is another one of those stocks that point to a weak consumer and recession when it doesn't perform well. It just had a big double top rejection and has now broken below a major uptrend that has been developing over years. This could lead to a massive sell off in MCD.
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
For transparency, current positions:
Short: LULU SPY TSLA
Long: GME
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
For transparency, current positions:
Short: LULU SPY TSLA
Long: GME
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