The restaurant stock is up by about $10 in a short time, but the volume behind the advance isn't impressive.
There isn't a lot of wiggle room here. If things start to flatten out, or head south, this stock could show significant downside.
Does it not make sense to create a separate portfolio made up of equities that will benefit -- as sick as that sounds -- when an area needs to rebuild?
GRUB is due to report its latest earnings numbers Thursday.
Let's check out the charts and indicators.
Investors seem to have a high tolerance for the company's liabilities due to its time honored performance.
There is no reason to become a buyer right now -- a close below $42 on heavy volume is likely to precipitate further declines.
In the daily bar chart of McDonald's we see a choppy trading pattern.
Activist situations can take a long time to play out, that is if they don't fizzle out completely.
What side are you on?