MCD Stock: Is Trouble Cooking for McDonald’s?

MCD Stock: Is Trouble Cooking for McDonald’s?


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Over the past few weeks — even as the broader market has a meltdown — McDonald’s  (MCD) has been hot, hitting a new 52-high, following last week’s solid earnings report.  But, there may be trouble cooking behind the counter.

You can see shares of MCD were rising through most of October, despite overall market weakness and then surged to new highs following its October 23 earnings report.

But from a technical standpoint, the …

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