Mcdonalds
MCD - McDonald's Technical AnalysisTechnical Analysis - The idea is to go long but wait that the support of 190.00 usd will be broken before buying.
There might be a possibility of a price retracement that will test agin the bullish trendline.
Fundamental Analysis:
The fast-food chain was among the best performers during the Great Recession of 2008 and 2009 and looks poised to repeat that accomplishment
LONG MCDKeep your trading simple
Bullish Swing
T1 = minimum risk reward 1:1
I always leave 1/3 of my position for long term gains - moving my stop to my entry if I need to give room for the volatility or using trailing stop for maximum gains.
For maximizing your profits you can use Options.
Not a financial advise just my view - trade smart trade safe.
Follow me to support my work, Thanks!
MCD - scalp puts to 181.63Broke out of rising wedge on daily chart
Bearish divergence btwn price (higher highs) and MACD (lower highs), with RSI making slight lower highs on the 4H
Broke out of rising wedge with volume on the 1H with MACD crossing down
Bearish divergence again; price (HHs) MACD & RSI with (LHs)
Zooming into the 15M chart, the 8MA has crossed down the 21MA and 50MA, a bearish sign
If $MCD breaks and holds below 184.33 with volume, it could see 181.63.
LMK WHAT YOU GUYS THINK!!! HAPPY TRADING
"McDonalds: bouncing from a critical level" by ThinkingAntsOk4H Chart Explanation:
- Price is on a Weekly Ascending Channel.
- Price is on the Support Zone and on the Bottom of the Ascending Channel.
- We expect price to move up towards the Resistance Zone.
Weekly Vision:
Daily Vision:
Updates coming soon!
MCD Bullish BreakoutA consumer staple defensive, unaffected by tariffs. ER May 1, but would need big miss (like Jan 18) to drop, and in any event lower revenues already in guidance and therefore estimate. Indebted, so benefits from no-hike policy, not really affected if USD falls.
Just broke out, so buy retest of breakout line for top of channel. 2% SL below last low.
BUY 191 SL 187 TP 214 RR 5.75 RISK 2.09%