Mcdonalds
McDonalds entering buy zoneThe home of the big mac is entering levels that I believe would be a good place to initiate long positions. Say b/w 105-115.
I would stop out under 102.50
They also support a dividend yield of 3.27%
Link: www.google.com
Their dividend payout has been rising at a nice clip, so it seems pretty safe.
Link: www.nasdaq.com
As always, have a plan before you enter a trade. Write down, I am buying X because I believe Y.
TARGET DA TARGETHoliday sales this November for Thanks giving would suck for sure. And also same for X-mas and New Year for Target.
TGT TARGET FROM 2015 July high $85 it is slowly trickling down. If you draw a line from that high to 2016 march high you will get a better clear picture. It may not get bankrupt but stock will be in a good position to buy if it breaks 2 support level either @ $52 or $47 range. A good target to buy would be sub $10
MCDONALDS - wave 3 is about to startThere's an opportunity to have a bullish impulse in wave 3 of (5).
McDonalds H&S confirmationWe have quite the H&S confirmation signal here with the weekly close below the weekly 50/60 ema aswell as the neckline. Obvious short play and should be an easy 3.3%
Stop is protected behind daily 200/250 ema + fib retrace. If price pulls back into the week for a retest of daily resistance I may add to the position.
$MCD help with fibonacci theory.I am just now learning how to use the Fibonacci theory and need some help.
I am very interested in buying MCD and am trying to find a good entry point.
I have heard somewhere that reversal usually happens when the 127.2% mark is crossed on the way down. Can someone confirm that this is accurate or correct me if I am wrong.
Thanks!
Starbucks follows McDonald's?Main signals:
1- strong monthly short trend,
2- local short trend
3- flag
Sell the breakout of bottom flag's line 54.70-54.60
Stop-loss 56.30 (+1 tic flag's high price)
Target 52.50 (sizing+strong supporting level)
$MCD ascending broadening wedge on daily$MCD ascending broadening wedge on daily w/ gap open below. Expecting move to fill gap to 105s.
At McDonald’s, All-Day Breakfast Cools
If Macydy breaks the light green support line, guess what? Free fall zone till $30ish area and possible strong bounce. Or the next support zone would be the dark green support line.
Red line is a possible resistance line but it may change as the month goes by.
www.wsj.com
MCDONALDS buy setup in ascending broadening wedgeThis is a buy setup for the MCDONALDS stock, I expect another up move after the retracement which is currently taking place.
Good luck with your trading guys and thanks for the support!
McDonald's looking for a pop $MCDI like the look of $MCD at the moment it is looking quite healthy and ready for another pop. first target for Monday 123-124. But I am hoping for a gap above that on open.
Hate the food but I'll happily get into their stock if its going to pay off! No entry until good confirmation though.
McDonalds at key resistance, expecting a correction MCD is at its Elliott Waves monthly time frame target in the $132 area.
5 waves completed
RSI14 is showing bearish divergence.
MCD is testing the upper band of its rising channel.
$132 area is corresponding to the 1.5x the height of its previous channel projected on its breakout point in 2008.
Minimum target in the $101 area, then possibly $82.
The turning point on MCD?The quotation has reached the upper boundary of the rising channel.
Reasonable to expect the beginning of reversal formation. NYSE:MCD
MCD Long; 150EMA Support - Risk:Reward Of 62:1This trade setup is pretty simple and doesn't require any rocket science. McDonald's, or MCD, is a component of the DOW30. MCD has been in a trading range on the weekly chart for quite some time now. We are currently at the bottom of this range, providing an excellent opportunity to get long. I'm using covered calls in this name to get long the stock at as cheap a price as possible. The RSI show at label (A) is finding support in the oversold zone we have seen it bounce from before. In addition, we have moved off the 150EMA Weekly, which if you look at the green ellipse has previously held up since about 2007-2008 (not shown in this chart). There are two long possibilities here for me:
1) Buy MCD at 93.68 and Sell the Oct. 100 Call for $0.27 making your cost basis $93.41. With our stop on a close below $93.05 we are risking about $0.36 to make a maximum of $6.59. That's a risk reward of 18:1.
2) 1) Buy MCD at 93.68 and Sell the Oct. 97.5 Call for $0.57 making your cost basis $93.11. With our stop on a close below $93.05 we are risking about $0.07 to make a maximum of $4.39. That's a risk reward of 62:1.
(I traded #2)
The risk reward is assuming we could close out the position on the penny. This of course is not entirely true because we do not know how far below the market can close. It give you an idea however of just how well this trade is setup. You can tailor your stops to your liking. For example from this level, my stop is on a close below $93.05 or a touch of $92.35. This is because I never risk more than 2% on a single trade. I traded play number 2 because it brought my cost basis closer to the EMA reducing risk, while limiting profit. To compensate I doubled the size of my MCD position so the profit would match that of Trade Play #1, with my total risk being less than 2% still, and appropriate stops in play as mentioned. $97.50 is the closest and more likely target, with $102.00 being the top and more extended part of the range. So by using the $97.50 calls and doubling my size, my chances are better yet that I will achieve the same profits as Trading Play #1, simply because it only requires MCD to head towards $97.50 and not $102.00.
Good luck, and may the markets be ever in your favor!
