This iconic American company's stock is nearing completion of an historic bull cycle.
Very few companies can compare to the consistent return MCD has provided its shareholders.
Am I recommending a short? No... There are much better candidates for that strategy out there. I'm posting this as an example of a complete Elliot wave cycle with a textbook ending diagonal to finish the run. A potential harbinger of things to come in the commercial real estate market???
Here is a close up of the ending-diagonal 5th wave
ノート
Getting close....kind of like watching your car odometer flip to 100,000
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Who needs Quarter Pounders... we have AI. Looks like it's topped.