Sneaky short on $MCD based on bearish exhaustion - Close stop loss in case I am wrong - Not a financial advice
SPY - Saw more downside as we had predicted last night. Made some solid range to the downside. I am expecting tomorrow to be a repeat of today or an inside day. We are reaching weekly downside exhaustion so I would say there is no reason to not be bearish... yet. But tomorrow could be a day of consolidation/retrace since we have had such big drops the past two...
After a long period of bullish appetite, the bears should dig in now. McDonald’s has thoroughly tapped the magenta-colored zone between $291.18 and $287.84 and also touched at the green zone between $294.18 and $290.10, completing wave in magenta as well as wave B in turquoise. Now, the share should drop out of the zone-compound in magenta and green and fall...
Mickey Deez has become way overbought once again and broke out to an ATM. We should easily check back to $274.49 and $271.78 before consolidating and going higher. Scalp trade
As the market leader in the fast food industry, McDonalds enjoys global brand recognition. It is a slow but steady gainer pays consistent dividends and always has buyers when a seller lets some shares go at a reasonable price. On the weekly chart over five years MCD is now at the all time high and weathered the COVID era and recent market gyrations quite...
- MCD has broken through the ceiling of a falling trend channel in the medium long term. - The price has broken through the ceiling at 272 of a rectangle pattern. - A decisive break will signal a further rise to 286 or more. - There is no resistance in the price chart and further rise is indicated. - In case of a negative reaction, the stock has support at...
In my opinion, this is one of the best sales deals on the current market. In the monthly chart, this stock has a 5-wave trend, which is currently the end of wave 3 and we are at the starting point of wave 4. This wave will be in the form of A B C and it will be a big and rapid wave. The reason for its rapidity is the end of a 5-wave in the weekly time frame...
On the daily chart, MCD is trading within a descending channel extending since October of the year 2022 and also trading on both sides of the crucial EMA-50, and around the swing level at $267.98 (Fibonacci level 78.6%). The breach above the previous two lines usually leads MCD towards testing the top of the descending channel, as well as retesting the support...
McDonalds in Latin America ---- good value and growth metrics. Strong uptrend. It's my buy at the pullback.
January has been historically a good month for stocks as some investors reenter the market after selling some of their holdings at the end of the year. The bullishness at the start of each year is dubbed the ‘January Effect’. On January 6, US stocks staged their first big rally of the year, with the Dow Jones Industrial Average closing 2.13%, the S&P 500 jumped...
$MCD uptrend Ascending triangle, met at height Decrease down to $230 any time back in next 1-4 months Re-entry ~$245 range
The McDonalds Corporation (MCD) is defying the Bear Market as on November 10 it made a new All Time High. Today it pulled-back to the 1D MA50 (blue trend-line) amidst the general post Fed market drop for the first time in nearly two months (since October 21). As you see it is trading within a long-term Channel Up since the 2020 COVID crash and is best seen if we...
I am looking for the best strike to put on MCD. In my opinion we could see some bearish move on MCD
All that glitters is not gold. These are the main indices for the US economy. Don't trust them blindly. I am just repeating something I posted quite some time ago. You have two pockets, one full of USD, one full of stocks. As a trader you fill each one and empty the other one, when you feel that it is worth it. If half the money is in USD and half invested in...
After a 9-month waiting period, McDonald’s has finally created new all-time highs. The previous all-time high was back in January this year at $271. Following that, price then went into a range between $217 and $271 and managed to pick up enough momentum this past week to force a breakout from consolidation. Our task now is to confirm whether this is a fake...
Price structure is signaling a potential breakout to the upside in McDonald's. Ideal structure will maintain trendline for bullish count. No reason to take any more risk to the downside.
Looking at the MCD McDonald's Corporation options chain, i would buy the $265 strike price Calls with 2022-11-25 expiration date for about $2.90 premium. Looking forward to read your opinion about it.
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.