I love MCD. I even love their fries some times. MCD has done great during the pandemic. But this stock is tired. NYSE:MCD has seen a decline, while analyst have set a reduced price target of $225. This is achievable for MCD. But when? Based on cycle analysis, it would seem MCD's real momentum will only come through by Feb, hitting the price target or...
Supporting Fib, currently in consolidation poised for move up, especially considering news being released on second vaccine stacked on top of their Earnings Report. Bouncing off EMAs, beautiful looking piece. Lets goooo $MCD!
Today, we will show a clear Daily Scenario and how we will trade the Long and Short Scenarios. Daily Context: a) The price is below a resistance zone. That level's critical because we saw 2 sell-off from there on September 2019 and March 2020 b)Also, we can see a Yellow trendline (Dynamic Support / Resistance zone) that is another key level. c) The logic...
McDonald's (MCD) seems like be forming its 5th wave, with SP500 looks like going to correct a bit to $3400 ish, I do expect a little dip of MCD to $203 - $207 level at 0.382 retracement level from its 3rd wave. When MCD dropped to $205 ish, it could be a good buying opportunity. However, keep an eye on SP500 and other major market news, US election has not...
$MCD has strong support at $210. If it breaks $220 can run up to $230-$235. I feel earnings will be great but beware of post earnings sell off.
Price finds founding at fib 61.8% Price pivots near point of control. on this case, price has squeeze on the previous swing low with stop hunting candle. It is foresee to rally after forming bullish price action.
MCD should hit $220 a share this upcoming week based on growing bearish divergence and a high RSI. We are close to dipping below the moving average as well.
Real-Time Algorithmic Trading Signals. All trades are based on a Geometric HMM. The Ingenuity Trading Model is a Geometric Hidden Markov Model with specific inputs related to Price, Time, Volume, and Volatility. Our Algorithmic Trading Model offers real-time buy or sell signals with specific entry and exit prices. This affords you the freedom to successfully...
Hi Traders Looks like Mc Donalds Corp hit its ceiling again. With the strong rejection candle and the down GAP I expect more selling the next couple of days. A potential target could be the psychological level of 200$
Price formed a higher low and the MACD oscillator formed a lower lower resulting in a Hidden bullish divergence Price will correct just above the S/L as that is a area of resistance and then the trend will continue upwards
I was just thinking of doing a call since Travis Scott became sponsored by McD’s
Bear Flags are Ranges that are repeatable trading chart patterns. Bear Flag chart patterns will have a directional bias depending on the previous incoming trend (short trade). Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. Whatever time frame you are trading this chart pattern, wait for a candle close...
Dark Clouds formed over MCD. Wait for the end of consolidation; however if you must buy now keep a tight stop. And target sudden breakouts as high as 220 E: 208 +/-1 (upon trend reversal above 207.94) T: 220 S: tight trailing
X MCD is trading in an upward channel X Smaller channel is guiding the price now X Faces key level resistance X Wait for breakout> X IF breakout higher>> long till red resistance X IF breakout of the small upward channel downwards>> short till green support X General trend still bullish till the big channel gets broken LIKE + SUBSCRIBE= LUCK IN YOUR TRADES!
MCDONALDS close to short Entry point 213.25 SL 218.63 TP 202.84 ---------------------------------------- Trading Kitchen