McDonalds is showing us a very healthy bullrun. The corporation is bullish since 2003 and increased the value by more than 2000% since 2000. The Israel/Pakistan conflict is bringing the retail sales near middle-east near bankruptcy. After Israeli owner of all 200 restaurants started supporting Israeli army, muslim religions started an offensive campaing against the comapny.
This should be a temporary retrace for the stock price, however it still may impact the stock price in a following bear run. Price also got rejected twice at ath level. This could be also a bearish sign and influence following trend.
This should be a temporary retrace for the stock price, however it still may impact the stock price in a following bear run. Price also got rejected twice at ath level. This could be also a bearish sign and influence following trend.