Get started

Mcdonalds

McDonald's Recipe for Success: A Golden Future on the HorizonIn the ever-evolving landscape of the fast-food industry, McDonald's ( NYSE:MCD ) emerges as a beacon of resilience and growth. As the iconic brand prepares to unveil its fourth-quarter results on February 5, 2024, the anticipation is high, and all indicators point to a recipe for success. Let's delve into the key ingredients that make McDonald's a compelling investment in the current market scenario. Solid Q4 Performance: McDonald's ( NYSE:MCD ) is expected to showcase robust performance in its Q4 results, building upon the momentum from the previous quarter. The projections suggest a 4.79% increase in overall same-store sales, with an impressive 4.45% growth in US sales. This follows the trend set in Q3 when same-store sales soared by 8.8%, surpassing analysts' expectations. Financial Outlook: The financial outlook for Q4 is promising, with adjusted earnings per share expected to jump by 7% to $2.82. Total revenue is projected to grow by 9% to reach $6.5 billion. Looking ahead to fiscal 2023, Wall Street anticipates total revenue to climb to $25.53 billion, showcasing a significant uptick from the $23.18 billion reported in 2022. Global Expansion and Ambitious Goals: McDonald's ( NYSE:MCD ) is not resting on its laurels but is instead eyeing a global footprint expansion. With an ambitious plan to reach 50,000 locations by 2027, the company is poised for sizzling growth. At the end of Q3, McDonald's ( NYSE:MCD ) boasted 41,198 worldwide locations, with over 39,000 of these operated by franchisees. Analyst Confidence and Market Perception: Despite challenges faced by the fast-food industry in 2023, including concerns over consumer sentiment, food inflation, and potential impacts of weight-loss drugs, Wall Street remains optimistic about McDonald's ( NYSE:MCD ). Wedbush analyst Nick Setyan emphasizes the brand's resilience, noting that it's "hard to see McDonald's ( NYSE:MCD ) not ‘winning’ in any consumer environment." Jefferies’ Andy Barish goes further, naming McDonald's the "best defensive and offensive play in restaurants" and a top pick for 2024. Strategic Initiatives: McDonald's ( NYSE:MCD ) strategic initiatives include a focus on digital transformation, delivery services, drive-through efficiency, and expanding its chicken product offerings. The emphasis on innovation, loyalty programs, effective marketing, and operational excellence is expected to sustain same-store sales growth in the near term. Return of Breakfast Diners: As workers gradually return to the office, McDonald's ( NYSE:MCD ) is experiencing a resurgence in breakfast diners. Data from Placer.ai reveals an increase in store visits during breakfast hours, with 16.7% occurring between 7 a.m. and 10 a.m. in 2023, up from 15.9% in 2022. Conclusion: McDonald's (4MCD) is not just a fast-food giant; it's a resilient force navigating the challenges of an ever-changing market. The company's Q4 results and the fiscal outlook for 2023 paint a promising picture of growth and financial strength. With an unwavering commitment to innovation, strategic expansion, and adaptability, McDonald's ( NYSE:MCD ) seems poised to continue its legacy as a global leader in the fast-food industry. As investors eagerly await the upcoming results, it appears that the golden arches are set to shine even brighter in the years to come.
NYSE:MCD
by DEXWireNews
2 Accurate Predictions Made by AI for McDonald's (MCD)In the rapidly evolving landscape of financial markets, Artificial Intelligence (AI) has emerged as a transformative force, revolutionizing the way analysts, investors, and traders interact with stocks, trends, and market predictions. This in-depth analysis explores the multifaceted impact of AI on financial strategies, highlighting significant instances of its application by innovative platforms like Tickeron, and culminating with an exploration of Tickeron Patterns and AI Robots in the contemporary trading environment. AI in Financial Analysis: Artificial Intelligence has transcended traditional boundaries in financial analysis, offering unprecedented precision in stock market predictions and technical analysis. By leveraging complex algorithms and machine learning techniques, AI systems can identify patterns and trends that are imperceptible to the human eye. This capability not only enhances the accuracy of market forecasts but also democratizes access to sophisticated analysis, previously the preserve of a select group of highly skilled analysts. Bearish and Bullish Patterns: Tickeron's AI-driven Insights One of the most compelling demonstrations of AI's predictive prowess in the financial markets is provided by Tickeron's detection of bearish and bullish stock patterns. These instances not only showcase the accuracy of AI-driven forecasts but also offer valuable lessons for traders and investors. Prediction #1. Downtrend Detected Bearish Broadening Bottom Pattern in McDonald's Corp (MCD) On September 21, 2023, Tickeron's AI, A.I.dvisor, detected a bearish Broadening Bottom Pattern in McDonald's Corp (MCD), with the stock priced at $271.22. This pattern, traditionally associated with increasing volatility and a potential downturn, was confirmed four days later. By October 3, the stock reached the AI-set target price of $257.36, resulting in a significant 5.79% gain for traders who shorted the stock based on the AI's prediction. Prediction #2. Uptrend Detected Bullish Broadening Top Pattern in McDonald's Corp (MCD) Conversely, on March 27, 2023, A.I.dvisor identified a bullish Broadening Top Pattern for McDonald's Corp, with an initial stock price of $273.84. The confirmation of this pattern the following day, with a target price of $286.05, heralded a potential upturn. By April 12, the stock hit the target, culminating in a 4.18% gain for those who invested based on the bullish signal. AI in Technical Analysis The instances of Tickeron's AI-driven predictions underscore the significant advantages AI brings to technical analysis. Unlike traditional methods, which rely heavily on historical data and often lag behind real-time market dynamics, AI's predictive models are dynamic. They adapt to new information, enabling more timely and accurate forecasts. This adaptability is particularly crucial in volatile markets, where the ability to anticipate changes can significantly impact investment outcomes. Financial Analysis AI's role extends beyond enhancing prediction accuracy; it democratizes access to advanced financial analysis. Tools like Tickeron make sophisticated market insights accessible to a broader audience, leveling the playing field between individual investors and institutional players. This shift not only empowers retail investors but also fosters a more inclusive financial ecosystem. Patterns and AI Robots: Tickeron`s AI Robots are recommended to be used when the markets are falling in general. The core algorithm makes only long trades utilizing 15 expert-selected inverse ETFs. A sophisticated risk-management engine builds the position using dynamically calculated trailing stop levels while the market goes in the expected direction. The trajectory of falling markets is analyzed and short-term corrections are used as additional entry points. The Robot closes all trades when a significant market reversal is detected and confirmed. The robot's trading results are shown without using margin. Every minute, AI Robot scans the ETFs (15) listed in the field “Customized”. A user can adjust the ETFs selected and see changes in the expected number of trades per day and/or other statistics. Tickeron's AI advancements, particularly in pattern detection and robot-assisted trading, exemplify the transformative potential of AI in the financial domain. As these technologies continue to evolve, they promise to further refine market analysis, enhance trading strategies, and ultimately, redefine the landscape of financial investment. In conclusion The integration of Artificial Intelligence into financial markets is not just a passing trend; it is a profound shift that is reshaping the industry. From enabling more accurate predictions through platforms like Tickeron to democratizing financial analysis and fostering innovative trading strategies, AI is at the forefront of a financial revolution. As we look to the future, the continued development and ethical application of AI technologies will undoubtedly play a pivotal role in the evolution of financial markets, offering both challenges and opportunities in equal measure. MCD sees MACD Histogram crosses below signal line MCD saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on January 26, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 53 instances where the indicator turned negative. In 23 of the 53 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 43%. Price Prediction Chart Technical Analysis (Indicators) Bearish Trend Analysis The 10-day RSI Indicator for MCD moved out of overbought territory on January 03, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 38 similar instances where the indicator moved out of overbought territory. In 14 of the 38 cases, the stock moved lower in the following days. This puts the odds of a move lower at 37%. The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 31 of 78 cases where MCD's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 40%. Following a 3-day decline, the stock is projected to fall further. Considering past instances where MCD declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 40%. MCD broke above its upper Bollinger Band on January 19, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. Bullish Trend Analysis The Momentum Indicator moved above the 0 level on January 30, 2024. You may want to consider a long position or call options on MCD as a result. In 35 of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 38%. The 50-day moving average for MCD moved above the 200-day moving average on January 08, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend. Following a +0.82% 3-day Advance, the price is estimated to grow further. Considering data from situations where MCD advanced for three days, in 157 of 336 cases, the price rose further within the following month. The odds of a continued upward trend are 47%. The Aroon Indicator entered an Uptrend today. In 167 of 396 cases where MCD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 42%. Fundamental Analysis (Ratings) Fear & Greed The Tickeron SMR rating for this company is 9 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock. The Tickeron Profit vs. Risk Rating rating for this company is 11 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock better than average. The Tickeron Valuation Rating of 15 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.000) is normal, around the industry mean (7.168). P/E Ratio (25.217) is within average values for comparable stocks, (188.716). Projected Growth (PEG Ratio) (1.887) is also within normal values, averaging (1.596). Dividend Yield (0.022) settles around the average of (0.033) among similar stocks. MCD's P/S Ratio (8.396) is slightly higher than the industry average of (2.309). The Tickeron Price Growth Rating for this company is 38 (best 1 - 100 worst), indicating steady price growth. MCD’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents. The Tickeron PE Growth Rating for this company is 79 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents. The last earnings report on October 30 showed earnings per share of $3.17, beating the estimate of $3.00. With 3.33M shares outstanding, the current market capitalization sits at 207.42B. Notable companies The most notable companies in this group are McDonald's Corp (NASDAQ:MCD), Starbucks Corp (NASDAQ:SBUX), Chipotle Mexican Grill (NASDAQ:CMG), Yum! Brands (NASDAQ:YUM), Darden Restaurants (NASDAQ:DRI), Yum China Holdings (NASDAQ:YUMC), Domino's Pizza (NASDAQ:DPZ), Shake Shack (NASDAQ:SHAK), Noodles & Company (NASDAQ:NDLS). Industry description The industry includes companies that operate full-service restaurants, fast food restaurants, cafeterias and snack bars. McDonald's Corporation, Starbucks Corporation, YUM! Brands, Inc. and Restaurant Brands International Inc. are some of the largest U.S. restaurant-owning companies in terms of market capitalization. While restaurant spending could be viewed as discretionary for consumers, some companies in the business have been able to weather economic cycles by establishing strong loyalty among customers over the years. Many of them also have a strong global presence as well. Market Cap The average market capitalization across the Restaurants Industry is 7.27B. The market cap for tickers in the group ranges from 6.73K to 207.42B. MCD holds the highest valuation in this group at 207.42B. The lowest valued company is AMHG at 6.73K. High and low price notable news The average weekly price growth across all stocks in the Restaurants Industry was 2%. For the same Industry, the average monthly price growth was 1%, and the average quarterly price growth was -6%. JKHCF experienced the highest price growth at 88%, while DPZUF experienced the biggest fall at -30%. Volume The average weekly volume growth across all stocks in the Restaurants Industry was 12%. For the same stocks of the Industry, the average monthly volume growth was 6% and the average quarterly volume growth was 32%
NYSE:MCD
by Serhii_Bond
Grimace is prepared for growth; get ready for life changeAfter a long range within which the whole supply was traded, BITGET:GRIMACEUSDT is ready for a new five-wave price movement. The deviation has already happened; impatient speculators have sold their bags; now is the best time to buy Grimace. The major blocks are charted; the approximate graphical price movement I expect is like this; however, I could be wrong about timing. In any case, I expect an ATH update during the winter. After Grimace's growth, I think some other Odyssey's projects will show a strong rise. For example, see BITGET:SEXUSDT , MEXC:RONALDUSDT , and MEXC:MCCHEESEUSDT For those who like to analyze fundamentals during the flat: 1. Odyssey's socials have grown manifold; 2. P2E games launched on Telegram; 3. Soon to be released is a centralized exchange with Grimace as the native token (like BNB for Binance).
GLong
by Geschaftmacher
13
Grimace overalIn my opinion, the fud, fear and frustration phase is coming to an end. A lot of people were exhausted by the 4 month long flat, and along the way some people gave up and sold the asset, some at a slight disadvantage, some at a gain. And the fud that has been going on for the last two weeks has put even more pressure on the psychology of the community. It's very noticeable how people are breaking down and can't take it anymore. The concentrated peak of pressure has passed. So now I'm expecting the following actions: Slow movement towards 50-60, people will be afraid to come in. After 100-120 there will be a rapid growth, people will not have time to enter at the lower prices and there will be an obvious fomobuy. Perhaps even the price will quickly reach 150, gaining fomobuyers with the subsequent correction. I don't know if this was planned, if you put aside all emotions and concentrate on the chart - all stages are quite logical and obvious. However, I still believe in the project. Maybe the goals will not be reached as soon as we would like, but this is the way!
GLong
by alexterni
1
$MCD Double Top Short With A Tight StopThe NYSE:MCD (McDonald's Corporation) stock is exhibiting a double top pattern, which is often interpreted as a bearish signal in technical analysis. This pattern is characterized by the stock reaching a high price point twice, with a moderate decline in between, forming an 'M' shape. Given this pattern, a trading strategy could be to enter a short position, capitalizing on the anticipated downward movement following the formation of the double top. However, it's crucial to implement a tight stop-loss order to minimize potential losses. This stop-loss could be set just above the level of the blue line that marks the recent highs, as shown on the daily chart. If the stock's price closes above this blue line, it may invalidate the double top pattern and suggest a potential upward trend, triggering the stop-loss and limiting the downside risk of the short position. This strategy hinges on the assumption that the double top pattern will lead to a price decline, but it's important to be prepared for alternative scenarios, which is where the tight stop-loss comes into play.
NYSE:MCDShort
by AlgoTradeAlert
2
McDonald (MCD) Aiming Higher McDonald's (MCD) beat earnings estimates for the third quarter as higher menu prices boosted sales growth. Global systemwide sales — which include sales at company-owned and franchised restaurants — increased 11%. Global same-store sales jumped 8.8%, higher than analysts' estimates of 7.79%, per Bloomberg consensus data. Revenue jumped 14% year-over-year to $6.69 billion, higher than estimates of $6.52 billion. Adjusted earnings per share came in at 3.19, up 19% from last year. Shares of McDonald's are down nearly 3% year-to-date, trailing behind Restaurant Brands International (QSR) which is up nearly 2% year-to-date, but ahead of YUM! Brands (YUM) shares, which are down nearly 7%. As consumers buckled down on where they spent their money, McDonald's says it got a boost in the US. In the US, sales benefitted from higher menu prices, new marketing campaigns, and growing digital and delivery orders. Beginning in August, the company launched its As Featured In Meal campaign that showed meals that have appeared in films, movies or TV shoes. Baird analyst David Tarantino said McDonald's typically gains foot traffic when there are "mounting macroeconomic uncertainties" in a note to clients, adding that the Golden Arches is "one of the best positioned brands...to navigate a tougher backdrop." During the financial crisis from 2008 to 2009, sales growth averaged 3.4% in the U.S. and 6.9% in Europe, he said. The company also reported systemwide digital sales — which includes sales made on the app, delivery or on the kiosk — totaled $9 billion across its six biggest markets, making up 40% of total sales. That's more than Q2, which saw $8 billion in digital sales. Price Momentum MCD is trading near the bottom of its 52-week range and below its 200-day simple moving average. Investors have been pushing the share price lower, and the stock still appears to have downward momentum. This is a negative sign for the stock's future value, but we may expect a consolidation move after reaching its Lower Low (LL) we will expect an upward momentum.
NYSE:MCDLong
by DEXWireNews
MCDONALDS Very rare yearly buy opportunity close to be confirmedMcDonalds Corporation (MCD) has been trading on a Fibonacci Channel Up since late 2020 and since the May 2023 High, has started a correction that twice in October hit the bottom (Higher Lows trend-line) of the pattern. On the October 06 bottom in particular, the 1D RSI reached 20.00, which means massively oversold on strength. Since the 2020 COVID crash, the RSI approached/ hit this level another 3 times, all of which have been enormous buy opportunities on an annual basis. The respective rebounds that followed quickly hit first the 0.786 Fibonacci retracement level before going for a new All Time High (ATH) and the buy confirmation every time has been the RSI breaking above its Lower Highs trend-line. As a result, we are waiting for that closing above it (right now it has marginally broken) in order to enter a (still) low risk buy and target 288.00 (0.786 Fib) on the medium-term. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:MCD
by TradingShot
3
McDonald's: Unwrapping the Unique Investment Opportunity Unwrapping the Unique Investment Opportunity: The McDonald's Story McDonald's, the golden arches that symbolize fast food worldwide, may not shine with the glamour of tech giants, but it offers a distinct investment opportunity. Beyond its role as a fast-food behemoth, McDonald's operates on a unique model that sets it apart from traditional restaurant businesses. In this article, we'll uncover three key facts about McDonald's stock that make it an intriguing investment prospect. McDonald's Is Not What It Seems While many might see McDonald's as just another restaurant chain, a closer look reveals a different story. In reality, McDonald's functions more like a real estate investment trust (REIT) masquerading as a restaurant company. The company owns the physical buildings housing its franchisees' operations and collects rental income from these properties. Additionally, McDonald's takes a percentage fee based on sales and an initial fee when a new franchise is established. These real estate-related activities contribute significantly to McDonald's income, anchoring its success to the stability of the real estate market. The steady stream of rental payments also provides a reliable source of income. This unique structure shields McDonald's from the volatility of the restaurant industry, helping it weather industry ups and downs more gracefully. McDonald's Financial Health In the first half of 2023, McDonald's reported impressive revenue exceeding $12 billion, with a remarkable 62% stemming from its franchise operations. The remaining 38% is attributed to the 5% of restaurants it directly owns. What's particularly intriguing is that, despite company-owned restaurants accounting for slightly over half of its total expenses, they contributed only a fraction to its operating income, which totaled approximately $5.6 billion, primarily driven by its franchised locations. After accounting for interest, non-operating expenses, and taxes, McDonald's achieved a GAAP net income of $4.1 billion in the first half of the year, marking a significant 78% surge compared to the same period the previous year. McDonald's also stands out as a dividend payer, offering an annual payout of $6.08 per share, resulting in a dividend yield of 2.3%, surpassing the S&P 500's 1.6% yield. Notably, McDonald's has consistently increased its dividend annually since 1976, signaling that rising profits are likely to fuel further dividend growth. McDonald's Presents an Attractive Valuation Beyond its financial prowess, McDonald's offers an appealing valuation. Excluding the brief dip in early 2020, its price-to-earnings (P/E) ratio of 24 is near its five-year lows for this earnings multiple. This valuation places it in a similar range to peers like Restaurant Brands International and Yum! Brands. This relatively low P/E ratio enhances McDonald's attractiveness, especially considering its consistent dividend growth and steadily rising profits, which have contributed to its outperformance compared to both the S&P 500 and its industry peers. Conclusion McDonald's success story is rooted in its astute business strategy. By focusing on real estate ownership and a franchise-centric model, the company has not only bolstered its revenue but also established a remarkable degree of stability in an otherwise unpredictable industry. This unique approach has resulted in consistent growth in revenue, net income, and dividend payments. Coupled with its comparatively low P/E ratio, McDonald's emerges as an attractive option for investors seeking opportunities in the restaurant sector or those searching for a reliable source of dividend income. In summary, McDonald's has effectively harnessed its distinctive business model to create a compelling investment proposition, making it a stock worthy of consideration for discerning investors.
NYSE:MCD
by FOREXN1
9
MCD McDonald's Corporation Options Ahead of EarningsIf you haven`t sold MCD Head and Shoulders here: Or reentered here: Then analyzing the options chain and the chart patterns of MCD McDonald's Corporation prior to the earnings report this week, I would consider purchasing the 300usd strike price Calls with an expiration date of 2023-8-18, for a premium of approximately $3.75. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NYSE:MCDLong
by TopgOptions
McDonald's stock presents a small level double top shape!McDonald's stock presents a small level double top shape! This figure shows the weekly candle chart of McDonald's stock from the end of 2019 to the present. The graph overlays the low point of 2020 against the golden section. As shown in the figure, the high points of the past two months have been suppressed by the 2.618 position of the golden section in the figure, and the low point in early June has just stepped back on the 2.382 position of the golden section in the figure! So, in the future, we can use these two positions (280-299) as the key ranges for McDonald's stocks, with a fluctuating approach within the range and a unilateral breakthrough approach outside the range!
NYSE:MCD
by Think_More
🚀GRIMACE to the MarsTake a closer look at $GRIMACE right now Short-term local forecast This trading idea is based on a commonly observed behavior of meme coins. After an initial surge, the coin tends to consolidate for a few weeks, undergoing redistribution and position accumulation. Here are some arguments in favor of the asset's potential growth towards the first target ($10): After trading in a deep discount zone, significant players start accumulating positions. We can observe a gradual reduction in local liquidity from decreasing lows. Referring to the basics of technical analysis: A Wyckoff pattern is apparent, with an UpThrust (UT) observed - a liquidity shakeout from the previous high. This forms new liquidity for further growth. Next, it is necessary to test the support in the form of an OB (Overbought) area. Here, a Spring will be formed - a local liquidity shakeout before mark-up. It is characterized by lower volumes, and the decrease to the specified values may take some time. Local reverse bull divergence and direct bear divergence in local highs indicate buyer weakness, providing another argument in favor of a short-term asset devaluation.
GLong
by glebeb
1
GRIMACE/USDT 4H. New doge incoming. Idea + Chart.Hello everyone, in this idea i will try to share the ideology of Grimace and also we will look at chart. LFG. Grimace is the new coin which was recently listed on MEXC. The ideology of the project is very promising and here's why: 1) Big community(over 30k people community). 2) Potential Hype with McDonalds(Think about it). 3) New project(big potential for pump). Now let's move a bit to the fundamentals of the token. Once upon a time McDonalds had a "beef" with Tesla, in which it was decided, that McDonalds starts to accept Doge as a payment only if Tesla starts to accept Grimace. From that moment on people started to create Grimace Tokens, chasing the hype, but no one treated it as serious as Odyssey... This is the only Grimace token with over 2 millions $ capitalization. The huge work is being done in social networks. And the CEO is building hard. It's an open information. Now let's move to the chart. The full chart can be found on dexscreener. Mexc contains only part of the full chart. At the start of trading history we saw a little pump, after which the correction started. The price dropped down 66.14%(66/4) and reached 4.666$ price(exact numbers on MEXC). Something similar was on Apt chart at the listing. Pump at the start, then drop 66%, a little accumulation, final capitulation and then pump 500%+ in 30 days. After reaching 4.666 mark accumulation channel started to form, exactly as it happened on APT chart. Now, on Grimace, the channel is forming for 12 days. The amplitude is 72% for the "wide" channel and 42% for the "inner" channel. You might also consider that there might be a manipulation to collect the liquidity. In this case, as almost on every coin, it's about 25% potential drop below support zone - this will be enough to collect the paper hands. Hence it's about 3.5$ to be reached potentially(shown on chart). But it might also not happens. Only if market gives an opportunity to do so. Though at the beginning of trading history you, as MM, ain't interested in dropping price too low and giving people the opportunity to enter the market at cheap prices. You might also notice on chart that the downtrend line was formed at the start. Recently it was broken up and now the retest is taking place(shown on chart). The volume is starting to come in right now. Potential Double bottom might form with the base of 72%. Consider also the next thing - MM moves the price according to the market cycles(best case scenario), so he's not interested in pumping price "tomorrow". And probably he is not interested in giving money away just for free. So be patient and use ur own head. DYOR. Thanks for reading till the end guys. Long time no post, but coming with fresh thoughts. Profits to all. The potentials here might be taken conservatively. ATH as the potential target. 13-15$ range. Then it's an open space, but relying on Fib, the target of 23-25$ zone might be also mentioned. Potential support zone also shown.
GLong
by TradingTsar
$GRIMACE IS A NEW BIG ROCKETToday I will share with you one theory regarding the adoption of cryptocurrencies by large corporations and how McDonald's is moving towards the adoption of DOGE through the MEXC:GRIMACEUSDT coin invented by them. On January 25, 2022, Elon Musk tweeted the following: “I will eat a happy meal on tv if @McDonalds accepts Dogecoin” On 01/26/2022, the official @McDonald's account replied to @elonmusk tweet: “only if tesla accepts grimacecoin”. 06/06/2023 – the official twitter account of McDonald's announces Grimace’s Birthday. Would it be a coincidence if I said that Grimace's birthday and the listing of the token on MEHS were on the same date? July 12, 2023. McDonald's hasn't mentioned its character since 2018 before this day and now has launched a full-blown promotion? Okay, you'll say it's a typical memcoin created on a hype wave. And I'll say that the token was created in February 2023 and the development team didn't just create a sht. The coin was released with an 1,000,000 supply on the dogechain network. It had a capitalization of 13 mln (at the time of listing) and 12mln even before listing. Shitcoin? Okay, here are a couple more examples of why it's a gem: The team developed their swap tool the moment KibbleSwap stopped working and did it in 24 hours to ensure they could buy and sell tokens on the dogichain network for their users. The razrbochtik team created an earn-2-play game and has already paid out over $25,000 in 3 weeks The community is growing and rewards. More than 3 contests and 2 airdrops amounting to more than $150,000 were held in a month. The project has tokenomics, whitepapper and live twitter. The team has announced NFT, burning and steaming. Now take a look at the chart. In the support zone interest from buyers is not just from whitepappers who have been buying from the bottoms and made x1000, there is live buying going on in this range, which the market maker is holding back. Also, the team announced new listings, I am sure that on the tier1-2 exchange we will be able to break through the resistance of the phyb 0.362 and fly into the space.
GLong
by swanky-lol
4
MCD are you rdy for short sell sell 🧨Wow, wow, after a few years, what will happen in McDonald's big company? McDonald's company has taken enough of its profits from the stock market and Wall Street. The global economic recession will start soon. Do you think that 70% of McDonald's shares will not fall? I will tell you. Be prepared for the fall of McDonald's shares. I think you should sell your shares today and buy and eat a McDonald's sandwich and laugh at the fall of the company's head. The targets he will see start at $219.20, then move to the next target of $127.72, and that's where everyone says it's over, but I say he will see the third target, and that target is $91.73. Don't sell $35.
NYSE:MCDShort
by ManochehrAzar
McDonald's Reaches Upwards Sloping Resistance LineHere we are looking at MCD on the Daily TF… As you can see, MCD has run into its macro resistance, at a current price of 298.47. This is the third time MCD has tested this upwards sloping resistance line. Each of the previous two tests led to a sharp sell-off. Not only is MCD reaching this upwards sloping resistance, but it is also very over extended. For this reason, my bias is bearish, and we can likely expect a sell-off from this level. I will continue to monitor this chart, and will update you all as I see fit. Trade safely! Cheers!!
NYSE:MCDShort
by GarethSolowayOfficial
4