McDonald's stocks at new all-time highs

The market situation with McDonald's shares is quite interesting. The price made an attempt to break through a new all-time high, but it turned out to be as strong as concrete, so the price did not even fluctuate, but simply pressed against this level and bounced back. But such situations give traders a good chance to make money because breaking the historical maximum is always an impulse. Moreover, you can set a narrow Stop Loss not far from the historical maximum. The level of tech profit was chosen mathematically because there are no levels above which one could rely on when choosing a target.

Symbol: MCDON
Order Type: Pending Order - Buy Stop
Entry Price: 233.00
Take Profit: 236.00
Pips Earning: 300

The result of a trading recommendation, the price reached the Take Profit level in a few days.