Databased

How much farther can it run?

NYSE:MCD   McDonald's Corporation
0
MCD has demonstrated a powerful and stable trend of the last 6 months and with the "breakout" on friday many are considering trying to get in on the action. For a short term options play, this isn't a terrible idea however, MCD's uptrend is not sustainable for much longer. While RSI has continuously reverberated back to the trend line this line has reached an unsustainably high point, and wave 5 appears to be near an end. I over the next two weeks, I believe, we will probably see the beginnings of a minor retrace.
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