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We should be seeing a pop towards the white rectangle sooner rather than later. I will be exiting my longs there and wait out a potential consolidation phase.
Shares of McDonald's Corporation are trading at a P/E ratio over 30. No matter how solid earnings reports the company may have published, it is time to correct the excesses.
Good luck fellow traders
CEO is turning to tech to turn things around and seems very switched on. Has worked as a manager in McDonald's and has been CEO of PizzaExpress and then CEO of Wagamama.
Moving into healthier but with fast food speed
Mobile ordering coming soon
Home delivery is a wildcard that may improve sales
Burgers are still not the ...
Third attempt to get lower is fading.