Shorting Coca-Cola bottling company. Why? Price is near 52 week high. Recent strong rally in price, on no news. Price stopped accelerating upward, slowing/stopping (bulls are done). Consumer sentiment for sugary beverages continues to fall. Biggest sales are Europe which is currently burning the Euro. Price targets * 100 * 91 I'm not confident on the...
MCD is downtrending. Currently price is on the high end of the range, and on the daily chart (not pictured), price is pushing against the trendline. Consumer demand for their products is decreased. However, on the lower trendline, the last low was not quite as low as the low before that. (not a good sign for this position) Price is likely to go down at this...
This is an error in publishing. The correct symbol is WFM. See: WFM - Flag & New Gap Below!
This chart shows the performance of Second Cup's stock on the TSX for the year so far.
Nothing new here on my approach to MCD, just an observation. Still on target.
Broadening wedge. Almost completed a very bearish H & S. The dimensions/angles and letter names of the triangle aren't the point. The point is a broadening wedge. Price target …… $83. They beat earnings, barely. People are sick of McD's. Tagged with cattle, as that's a cost of doing business. LC1!.
Agriculture is outperforming everything: US debt, emerging markets equity and debt, US equities, FTSE, gold, oil, copper, bitcoin....pretty much everything. I'm not buying because I've got other opportunities I'm focused on, but I think this trend still has legs. www.informedtrades.com