McDonalds (MCD)
is another big popular company with good (a bit heavy on the debt, but
plenty of cash flow) fundamentals, making it safe to trade. MCD was
flat for a few months, then went up strong, and is now already testing
the 50 day Moving Average (50MA).
Understand
the situation in terms of the indicators (Price, Moving Averages,
Volume, Stochastics, ADX, +DI and -DI, and MACD) and settle on your
next move: buy long, sell short, or do nothing. You might want to look
at the chart at the top of this
page where GOOG had very similar indicators, but perhaps a
different story.
When ready, continue by clicking here.