Yes, based on the chart McDonalds could hit my strike price in the next two weeks. I am continuing to have my BUY order on MCD at $77.50.
Since this is a long term income buy with strong growth potential, I am lowering my strike price to $77.50 per share, in effect after today’s market close.
Summary of current Order Status
Buying KR, BAC, MCD, WMT, TBT
I see a short term downside an opportunity to buy 1/4 of my portfolio goal for MCD.