MCD - Short Idea. This one popped out at me, price is creating a flag/pennant after a strong move down that has broken through strong levels, notably the 200 EMA on the daily. I have taken the trade as its offered with my CFD broker. 1% Risk, 2:1 RR. Very much a swing trade. -Happy Trading!Shortby MattArmstrong3
"McDonalds on a Weekly Ascending Channel" by ThinkingAntsOkDaily Chart Explanation: - Price is on a Weekly Ascending Channel. - Price broke the Inner Ascending Trendline. - Price is on a Bearish Corrective Structure. - Bearish CCI. - If price breaks the Corr Structure, it has potential to move down towards the Bottom of the Channel. Weekly Vision: Updates coming soon!Shortby ThinkingAntsOk13
Potential long opportunity - Low Risk, High Reward setup MCD has bounced off the bottom of a long term bullish channel and recently broke to the upside of a pennant pattern on the shorter time scale. We are seeing strong resistance in the $200 price area (+/- ~$5) from both historical price action, fib retracement, and psychological resistance. Positive trade news looks like it has yet to significantly impact MCD so this might just be a good time to get in on a long stock position or even a call option trade. Setting a stop loss just below the bottom of the long term bullish channel, and setting a profit zone at the top makes for about a 10:1 profit/loss ratio. Being a dominate multi national brand, a decent dividend, and with investors such as Warren Buffett, this might be a good opportunity to get in on a long term play. Would love to hear your thoughts!Longby Mam13016Updated 4410
MCD Rising Wedge Bearish Continuation pattern 1-2 Week Swing Target at 191.50 Stop loss at 196.50Shortby MassPsychologist5
Rising wedge extendedYup my contract is worthless but im going all the way. Whatevers. No risk no reward.Shortby PlayerInvictus7
$MCD short for bounce off the top of bearish channelNYSE:MCD - Short $MCD for quick bounce off top bearish channel, good risk reward, target $191-ish supportShortby crasher2
Mmm Chicken Mc Griddlesbuying this because of the Chicken Mc Griddles... The true chicken sandwich victor.. Nice Dividend too. Longby McllroyCharleeUpdated 6
Maccy D's longMy study on MCD Price showing strength after a retracement in October below the 50 and 100 SMA. A confirmed 9 on a buy set up in Demark indicator on the weekly chart. Fib extension shows a possible target of 264ish, as does classical TA. Holding for around 350 days, this will give a profit of 35% at 0 leverage, or 176% at X5 leverage R:R is 5:81 Stop is suggested by Demasrk at around 184 Being a long time veggie, and because I'm conscious of the fact that everything I eat becomes me, I never set foot in the place so I won't be putting any of my money into it but the masses seem to enjoy it! Give a thumbs up if you like and leave me a comment!Longby Slippery094
MCD trading sideway, getting ready for the next bullish runMCD shares are being accumulated, could move higher back to 218Longby mistrykam3
MCD - Death Cross & Possible Long Entry ForecastWe are sort of in the middle of downtrend. I like to wait for clear trend reversal. Should be around January/February IMO unless Death Cross flips and price goes above moving averages. There is also a bear flag formation under the death cross. What I see as most important - the biggest selloff happened when price crossed under 50DayMA , not the death cross. This is the reason I am watching SPY and AAPL moving average for downturn. Next trend on Daily is bearish. Next trend on Weekly is bullish. To me, this mixed signal implies that the downtrend for MCD will be short as the next Weekly trend is bullish. When the MCD downtrend stops, this would be a good bullish entry point as the Weekly trend will flip bullish as price crosses back above moving average. Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY. Short SPY, AAPL by MoneyPatterns9
MCD Public sentimentI know shorting this is not wise, however MCD public sentiment has been steadily declining despite its still incredible popularity, MCD has been in a HUGE bull run, however in my opinion we will see the rise of healthier alternatives and more traditional fast food chains, (Subway, Pizza restaurants)by Bixley3
MCD consolidation then longI dont see much more downside for MCD, but I will let it play out this week. We need to fill that GAP eventually.Longby Predemption115
MCDONALDS: Buy OpportunityThe price reached the support zone between 192.00 and 190.00 levels. In spite of a breakout below SMA200, which gave us a trend reversal signal, the market can continue the previous uptrend. I refer to a similar structure, which the market passed in 2016 and 2018 years. It is possible to think about buying based on the confirmed reversal signal from the support zone or following a breakout above the local downtrend line. Stop orders must be placed below 190.00 support level. The main profit target should be at 221.00 resistance. Longby DLavrov5551
MCD possible break out set upI'm liking MCD at this level, it's an aggressive move with the EMA resistances on the weekly and the monthly right there, but I really like the monthly 20 EMA support here. We'll see if it works. Longby Shootda2
MCDonald reversal at Fib 61.8Sell off in MCD last few months. Good entry for long setups, retracing at FIB 61.8. Stop loss around 186.50. I personally look for 1:2 risk/reward.Longby thinkBig-trade5