Great first hour of trading after breaking in to an uptrend Friday.
TA-wise, good to see todays opening gap filled & then instantly re-wiped higher & today's volume is great, showing nice demand for the stock.
As
@notlistening14 pointed out over the wk end, 15c is a major level & FA news will be required to eclipse it.
Today's tantalizing tidbit regarding an entry in to the worlds largest fast-food chain - McDonalds - will go a long way in making that happen.
A break above 15c will also result in a golden cross - so it may well make light work of the lines above it for some margin, ensuring a very aggressive bull run on the stock.
The dark days of the misunderstood quarterly are behind us & I look forward to taking 15c sometime this week.
I said this at the time & i'll say it again, its very unfortunate for those retaillers who panicked a month ago upon the release of the 4C which saw them to crystallize large losses, only to see the SP now back above the level it was pre-release...
We may find some coming on here to downramp the stock / story as a way of seeking confirmation bias for their ill timed decision. Although it's not cool - it happens all the time.
