MCDHOLDING has been moving sideways since December 2016.
With Highway Liquor bans being lifted in a few states, it looks poised to move up. Traders/investors should have a mildly positive bias in the coming quarters.
Initially,I expect a fake intraday move to the downside, if it occurs.
This is a contra bet i am suggesting. A Low risk high return trade.
The daily chart shows the bulls interest returning.
MCDHOLDING can move very fast to 40/45 levels.
Go Long with a closing SL at 38 & look for targets of 40/45.