Charting McDonald's (MCD)

The chart master Ben Watson joins Scott to look a the price action in MCD. It is a popular bell weather stock in the fast food business, but also a proxy for the real estate market. The stock reflects an intermediate term descending triangle testing the $203 area which it has been tested as support on multiple occasions since 2019.

Chart Master

17 Mar 2021

ON AIR
7:00 am
Futures

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Charting McDonald's (MCD)

The chart master Ben Watson joins Scott to look a the price action in MCD. It is a popular bell weather stock in the fast food business, but also a proxy for the real estate market. The stock reflects an intermediate term descending triangle testing the $203 area which it has been tested as support on multiple occasions since 2019.

Chart Master

17 Mar 2021

ON AIR
7:00 am
Futures

Get Market Minute

Daily insights for every investor

FOLLOW US