McDonald's Reports Earnings As The Stock Rises Above The Golden Arches

Richard Suttmeier

Investment Strategy: Buy weakness to my semiannual and annual pivots of $142.19 and $133.38, respectively. The stock crossed above the annual level during the week of April 28, and began the second half of 2017 above $142.19. Reduce holdings on strength to my quarterly and monthly risky levels of $167.55 and $172.92, respectively.

Click here for the total story - How To Trade Caterpillar, McDonald's And 2 Other Dow Components Before Reporting Earnings

Traders Club - Richard Suttmeier

Traders Club - Richard Suttmeier

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