InTheMoneyStock...'s  Instablog
Send Message
InTheMoneyStocks.Com is a research and consulting company focused on mathematical proprietary techniques along with a key understanding of price, pattern and time. Through understanding geometry and other technical analysis methods, InTheMoneyStocks.Com prides itself on avoiding Wall Street hype... More
My company:
My blog:
Pro Traders Rant and Rave Blog
  • McDonald's Gets Fried 0 comments
    Apr 12, 2012 11:02 AM | about stocks: MCD, YUM, WEN, PNRA

    This morning, the leading fast food stock McDonald's Corp (NYSE:MCD) is trading lower by $1.06 to $97.50 a share. This leading restaurant stock is one of the only stocks in the sector to decline while the major stock indexes are rallying higher. Short term traders should watch for intra-day support around the $97.00 area. The daily chart of MCD stock has been making lower highs and this could cause the stock to trade lower over the next week or so. MCD stock still has good short term daily chart support around the $94.50 level.

    Most other lead leading fast food restaurant stocks are trading higher on the session. Leading restaurant stocks such as Yum! Brands, Inc. (NYSE:YUM), The Wendy's Company (NASDAQ:WEN), and Panera Bread Co (NASDAQ:PNRA) are all trading in positive territory today.

    Nicholas Santiago

    (click to enlarge)

    Stocks: MCD, YUM, WEN, PNRA
Back To's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • Utility #stocks leading markets higher despite slightly higher yields in the 10-year U.S. #Treasury. $SO, $ED, $XLU all higher today.
    Apr 20, 2015
  • $YELP Forming Bearish Chart....
    Apr 13, 2015
  • $WMT bearish base, daily 200-day ma. Should drop to the $78.00 level & present a good entry level to buy the stock.
    Apr 10, 2015
More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.