MCD trade ideas
MCD 200dmaMACD crossed upward and price has followed nicely since the sell off. Looking for price to make its way back up to the 200dma
Mcdonald's Corp bullish continuationAs per the Chart
Abbreviations;
ND=No demand
NS= No supply
DW= Demand Wave
RFSB= Resistance from Supply Bar
SFDB support from Demand Bar
SLK= Stop Loss killer
SLKB= Stop Loss Killer Bottom
DB= Demand Bar
SB= Supply Bar
EVRB= effort vs Result Bottom
My Mentors and Inspiration
Volume Analysis - Oleg Alexandrov
Money and risk Management - Dmitriy Lavrov
Great dip buy opportunity on MCDGreat dip buy opportunity on MCD for potential 15%+ return. Should be easy return as MCD is finding consolidation.
$MCD Remained Bearish targeting 182 Steady falling from 222Its already dropped so hard from the peak at 222 and now heading south with strong volume suggest to extend decline for further down targets at 184-182 and maybe deeper .. all indicators showing clear weakness any bounce will be opportunity to exist for long positions
mcd corrective wave due?$MCD looks ready to simmer down for a while. MCD will probably be great long long term but it could be due for health consolidation/correction.
McDonald's trade planLooks like a sell off in wave a is finished. Looking at potential H&S pattern formation as divergence is starting to emerge. This was can capture a long of wave b, before shorting again into c.
Best to wait for the pattern to make a right shoulder at least for more confirmation.
Good Luck!
MCD LONGMCD has been beat up from earnings and news. Value buyers are going to come in soon, I'm thinking tomorrow.
Taken short positionCant say if MCD is fundamentally undervalued, but technically bearish trend. Though might trade sideways then rally. Trade at ur own risk.
Mcdonalds to the bottom !Hello, Traders!
Monfex is at your service and today we overview MCDONALDS Corporation.
Mcdonalds fired their CEO, with which the company's capitalization doubled.
The first downward movement was in early September, at the same time as the "The Game Changers" popular film about vegetarianism was released. Perhaps this is connected, but not exactly.
This year, the United Nations called on people to eat less meat.
Generally, the news background is negative for MCD.
Also at this chart we see Elliott Waves (12345-abc) and how MCD in an uptrend movement so long. But recently, it broke the support line of the ascending channel and wedge.
The local resistance zone ~ $200
The local support zone ~ $190
Target zone ~ $160
Market Cap
$145.941B
Share your thoughts, ideas about the market under the chart.
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GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
MCD looking to it 196The trend shows MCD is on the Bullish side and may reach 196 this week or early next week.
LONG MCDExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
$MCD Near Term Pop In Risk Off PlayI'm expecting a near term pop back to $198-$205 in $MCD simply because everything else is overbought and $MCD yields 2.36% while it fills the gap back up to the previously stated levels. Just my hypothesis. Do your own DD.
Consider going long MCDMCD has been in an uptrend for the past three years with pretty well-defined resistance and support. I think the current sell-off is a good opportunity for long-term investors.
probably just a glitch...bearish divergence
broke its 50 MA
broke down of a 6 months uptrend channel
on 2.3x ADV
$MCD entryNYSE:MCD
From my perspective MCD's growth is slowed down because of the lack of employee thus less operating hours. Automation will slowly fix this issue.
MCD realestate empire with benefit from lower interest rates.
Short/long term has great momentum, mid term is more uncertain.
LONG MCDExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
Double TopIn the graph we can see the Double Top pattern, a reversal pattern as shown with the red arrows, coming from an upward trend, setting the tops (point A and point B) on the resistance line. The breaking point (point C) is where we should put the short position setting the limit on the size of the breakout range (green arrows). What I recommend to do in this pattern is 2 orders, one cancelling the other depending on the movement of the price of the stock as depicted in the position shown
$MCD Reversal trade in Mc DonaldsIt looks like its time to take a bite out of the Big MAC once again, technically the stock bounced off strong Fibonacci support with high volume.
Post earnings the stock suffered some sizable losses which may signal the final weak hands have been shaken out.
For a more cautious entry look for a change in trend on the RSI which has bounced.
$200 will probably act as a psychological barrier.
A primer on Key Earnings SupportIn this chart I'm illustrating a few trading setups that took place in $MCD following each earnings report for a year. The indicators you see in the chart are 'Average True Range' and 'Earnings Price Support' from @timwest's 'Key Hidden Levels' indicator pack.
Every time a company reports earnings, analysts, investors, portfolio managers, traders, you name it...are paying close attention on the data that comes out, and the prices that the stock is trading for at all times, this normally starts one or several days before the report, and lasts for a day or a couple days after the report. The indicator my mentor devised plots a technical level that helps us map how far prices can move, and where to seek low risk trading opportunities on subsequent retests of past reports' levels.
I use the ATR indicator to define the size of the stop losses that I use, which in turns helps me know how many shares to buy or sell when trading with this tool. To use this you need a method to determine the main trend direction, which can be fundamental or technical, or a combination of both. Time@Mode is the one @timwest created, and the one I use, which together with the proprietary indicators from the 'Key Hidden Levels' suite helps me find low risk trades that have a very good batting average.
Hope you found this post helpful, and if you did, check out my site here: www.fb.me
I offer trading signals since 2015, covering all markets I trade, or focusing only on specific markets according to each client's needs.
Cheers,
Ivan Labrie.
