Shares of McDonalds are pending for reporting!
Dear traders!
The investment idea “The time to buy McDonalds shares on the lows and take the most!” Almost all July held in a sideways trend, remaining bargaining near the June lows, thereby forming a “double bottom”, which confirms the potential for growth. A more significant factor in the movement of MCD shares may be the corporate report of McDonalds, which will be released tomorrow and has a very optimistic forecast!
- Forecast for income 5.33 V, EPS forecast 1.93.
But it is also worth noting that the publication of the report carries risks that are associated with unjustified expectations. As a result, it is worth to assess the possible risks and secure existing profits.
Hanzenko Anton
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