4MCD trade ideas
MCD - MC-Donalds above Warning Line.So finally MCD has decided to stay above the Warning-Line.
This could be the beginning of a nice relationship for a couple points into the sky ;-)
Let's see if we can participate on this entry.
MCD. McDonalds: Daily chart setting bearish divergencesMCD has been raising alongside the market but, while the whole market (as well as XLY fund) added around 30% since 2016 lows, MCD was only able to push up a half of it.
On one side, the stock potentially is underperforming but technicals say it has a very strong resistance to break. Daily chart shows bearish divergence, same as Weekly timeframe, and we are very close to the Median Line of the Fork.
I believe shorts are welcome once the price goes to a double-top formation in 132-134 area. SL can be set at 136.5 with TP1 at 121 and TP2 at 111
MCD Double top?My TopFisherIndicator (dTFI) gave a signal last week.Possibility for a top is high.
Enter short below ascending trend line
SL 131.55
Make america obese again! $MCD BUYprice just broke out of resistance and now am waiting for it to break out of support and then reject the previous broken resistance that is now support. Looking like a good trade...
$MCD Perfect Growth + Hedge CompanyConstantly breaches new resistance levels and is an earning machine. Leads the fast food industry. GROWTH GROWTH + GROWTH!
MCD - Short Term Trend / Pattern within a PatternOnly 20% of Millennials have ever tried a Big MAC.
The potential for this market is huge. HUGE, I tells ya!
Within the next 10 days, MCD will hit 123. Simple 1:1 risk/reward setup.
Although not the strongest signal I've seen, it's still worthy of a shot.
Head and shoulder Possible head and shoulder, i think that the third blu triangle will be completed, so for now the idea is going short till violet line. Reached this line, in my opinion MCDONALDS will follow the down trend (under blu line) with second target fix to orange rectangle (zone 113.36)
