MCDonalds shares don't STOP !!!
Saturday, September 15, 2007
Chart courtesy of stockcharts

Shares of MCDONALDS don't stop, still making all days new highs and Friday was antoher one at $55.51. With an unsual trading volume for this MCD stock closed the day gaining more than 2% to $55.45, a new historic close level for company. Technically speaking stock is in a clear BULL MARKET with all indications appointing in the same direction UP !!! Next week it will be interesting to see if a pull back will occur or if it will continue this fanatastic movement, so stay tuned on stock.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

Labels:

 
posted by Pro Investor Trader at 12:27 AM | Permalink


0 Comments: