Chart Wars: McDonald’s to $282, Starbucks to $136—Which Stock Will Reach All-Time Highs First?

Chart Wars: McDonald’s to $282, Starbucks to $136—Which Stock Will Reach All-Time Highs First?
A McDonalds' restaurant sign is seen as the restaurant is closed due to the COVID-19 pandemic on April 19, 2020 in Southampton, England. Naomi Baker/Getty Images
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McDonald’s Corporation and Starbucks Corporation have both formed long-term bullish chart patterns that could provide massive upside for the long-minded trader and investor.

McDonald’s is trading in a strong weekly uptrend and Starbucks has formed a bullish cup-and-handle pattern on the weekly chart, with both stocks showing signs further upside could be in the cards. On Monday, both stocks looked to be providing a potential buy-the-dip opportunity if their bullish patterns are to continue.