MCDL trade ideas
Breakout in McDonald’sThe third quarter wasn’t great for earnings overall, but some companies managed to impress. One of them was McDonald’s.
The main pattern on today’s chart is the breakout to new record highs after the fast-food giant beat forecasts on profit, revenue and comparable sales.
Next is the consolidation pattern preceding the rally. MCD spent most of 2022 trapped below its January high. Its 50-day simple moving average (SMA) slid under the 200-day SMA in March, but had a “Golden Cross” back above in August. That may suggest its longer-term trend has turned bullish again.
Third, MACD is positive.
Finally, last Thursday and Friday saw high-volume drops as the broader market surged. However, MCD held most of its gains and may require a few sessions of consolidation. Traders could eye the August high around $268 and the 21-day exponential moving average (EMA) as potential support zones.
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McDonald's Breaks Out 2.78%After a 9-month waiting period, McDonald’s has finally created new all-time highs.
The previous all-time high was back in January this year at $271.
Following that, price then went into a range between $217 and $271 and managed
to pick up enough momentum this past week to force a breakout from consolidation.
Our task now is to confirm whether this is a fake breakout or the beginning of a
long-term trend. The way we confirm this as being the start of a trend is by waiting
patiently on the sidelines.
We need to wait for a pattern of higher highs and higher lows to develop, which is
usually a sign of a bullish trend. That will give us the confidence that McDonald’s
is embarking on the next leg of the bull trend.
Waiting will not cause us to miss out because once the confirmation is set, then
we can aggressively compound and maximise our profit on the way up.
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Coffee While Shorting MCDEnjoying a cup of coffee on a cool day while shorting McDonalds. Technical indicators I have been using for years show strong favor of decline in stock price based on MACD, RSI, and a sell signal that has a track record of being very accurate. Candlesticks also show a down trend. If you look at the latest 3 candles before hitting play, you can see that resistance failed during the 2nd to last candle. While that candle contains a bullish wick, you can see that the last candle fell further below without any wick. Based solely on these candles we can expect a quick jump in price at market open while the overall day we can expect steep decline.
$MCD with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $MCD after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 60%.
MCD Swing TradePrice structure is signaling a potential breakout to the upside in McDonald's. Ideal structure will maintain trendline for bullish count. No reason to take any more risk to the downside.
McDonald's MCD Currently Entering A Short ZoneReward/Risk with a stop loss and first PT as pictured is 3.29. Let's paint that big "M" on the chart, Micky D.
MCD McDonald's Corporation Options Ahead of EarningsLooking at the MCD McDonald's Corporation options chain, i would buy the $265 strike price Calls with
2022-11-25 expiration date for about
$2.90 premium.
Looking forward to read your opinion about it.
McDonald's Short it Just like CAT and Honeywell MCDONALD'S is at the end of this run up..
Still in a uptrend but now we are overbought and at the top of resistance
Earnings watch 10/27Earnings watch 10/27:
PINS
CAT
X
MCD
AAPL
AMZN
MA
LUV
SHOP
INTC
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
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McDonald's shareholders will soon be McDonald's employeesHello friends.
If you are a McDonald's shareholder, you will want to make a choice. You can either sell, or start flipping burgers. You could also do both.
We are going to buy out of the money puts expiring in around a month on Mcdonald's as soon as the market opens on Monday.
Its forward P/E ratio is at 25 while the SPX is something like 14 and still overvalued even then. I think most of the downside left for this market is actually in these big overhyped names, and much of the losses are already behind bargain bin stocks trading for much fairer prices. Mcdonald’s will always trade at a premium due to their powerful brand and massive size, but it’s really silly to expect a P/E ratio that is literally giving a worse yield than risk-free government bonds for a company that has its best days behind it and sees very minimal growth.
To extrapolate on what I mean about the yield of MCD, you can take 100 over the P/E ratio of 25.5 and you will find that Mcdonald's essentially offers 3.9% of the money you put into the stock as fresh earnings each year. Instead of doing that, you could literally buy the United States 1 year bonds and receive a yield of 4.6% per year. Plus you would have a lot less downside risk on the bonds – Mcdonald's can crash at this high price, but bonds have already crashed and are unlikely to fall by much more.
Another thing I’ve noticed is that Mcdonald’s is starting to have to pay its employees more due to the shortage of labor. This will hurt their profits for a while, up until we see the unemployment start to spike.
The bulls will be taking my order shortly.
MCD daily bearish hammerOrder SELL MCD NYSE Stop 235.32 LMT 235.32 will be automatically canceled at 20230401 01:00:00 EST
MCD daily bearish hammer nice close below MA 10 beginning of wave 5 downtrend.
MCDNot financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
mcd 2 scenariosmcd 2 scenarios .. 1] buy after the break above the support 1 .. 2] sell under the support 1 and follow the downtrend channel ...
Mikkey D's like a rock. MCDFlat formation. Some visible divergences. Anyway, looking more appealing than fast food.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
Short on McDonald'sI am short on McDonald's with a price target of $50
McDonald's is a very stable stock and together with Goldman Sachs they hold dow jones stable and in one piece, therefore the price of McDonald's will only drop to $50.
McDonald's is a very clever listed stock in dow jones
MCD - Going against the trend
McDonald's has been showing more bullish price action than the S&P500 Index (shown in orange) since May.
My primary scenario is an ending diagonal, which would take us to now all time highs soon. Any small pump in the stock market should do the trick.
I'll watch price action after a test of the gray ascending trendline support.
McDonald's MCD - I'm Lovin' Selling, and You Should be tooYou don't see just how highly priced McDonald's still is unless you look at it on the Monthly:
I mean, this is the place that sells faux-food while CPI and PPI are through the roof, and it's still trading almost at its all time high. This is even more ridiculous than the positioning of Apple AAPL:
Apple AAPL - Looks Fine on the Outside, but Tastes Weird
And Tesla TSLA:
Tesla TSLA - The Canary in the Coal Mine
On top of that, this is one of the thirty companies that compose the Dow, which is the most bearish of all indexes, having already retested the pre-COVID highs, which SPX and Nasdaq have yet to do.
The bottom line for everyone's least favourite, but most convenient, fast food dumpster fire is that the June --> August price action, was, like Apple, just a gap fill.
And now, it's time to seek new lows. And those lows happen to be, conservatively, in the $245 range.
This is a fat put if you buy puts, but a "my calls expired worthless so at least I can sob about my drawdown on Reddit" scenario for Robinhood's retail fodder.
I can only encourage everyone who is still long on equities to get out this week. I truly believe that we are going to see a bounce that traps bears short but snares bulls long:
SPX / ES - Bull Whips and Bear Saws
With a looming VIX 72 (hasn't done much since COVID! It's two years! It's due! Be careful!) hanging overhead.
VIX - 9x8 = 72
What lies ahead, after the trap has been executed, will come fast, and viciously, and it will seem as if the world is ending. If you buy when it's high because you are still thinking to yourself that this is the old paradigm, you're going to lose at least one finger, and probably three.
This world is not one where you can use magic to regrow what's lost, you know?
And so what I want to say is that you should protect what you have. If you can't get short, if you can't trade puts, then get cash heavy and reduce your risk.
Ultimately, what's important in life is not money, which when you die you leave behind. It is maintaining your kindness. It is harbouring your virtue.
This isn't moral dogma, unless you make it moral dogma. The path through the storm is to do better in your life. Been neglecting family? Fix it.
Been a bad father? Fix it.
Been a bad boss? Buy the secretary flowers and tell her that she's doing a great job. Make sure you mean it. You aren't such a bad guy. Make sure you mean it. Try your best.
One day, in this lifetime, when the Chinese Communist Party falls, you'll instantly understand what I am referring to.
Don't leave yourself with regrets on that day. That day is too late. You have to figure it out and do well before that day.
It's just like poker, where you have to place your bets before the cards are face up. It doesn't count anymore after the cards are face up.
Mc Donalds. Popular, resilient but overvaluedI’m developing an app using Tradingview data for my stock picking and fundamental analysis.
I get financial data from Tradingview into excel file, producing aggregated statistics and fair value calculation based on estimate of future earnings and discounted free cash flows.
Continuing my search in the best sectors, undervalued stocks that could perform well in the next time. In uncertain times, americans stick with fast food. This stock is popular, resilient, but still overvalued based on my algorithms.
My estimate of fair value is $201 based on forecast earnings and $166 based on forecast discounted free cash flows.
Just I set an alert on the next volume cluster for my reminder
hedge grid systemHow the hedge grid system strategy works in stocks?h
first you choose 2 companies from the same sector
in the chart the above company is Starbucks
the below chart is Mc donalds
Second you wait for the right time depending on your indicator or Technical analyses
in our case I used volume , plus a personal indicator that I have created .
at the green arrow
I will buy Mac Donald and sell short Starbucks same size
at the red arrow I will take profit from Mc Donald
and again I will buy Mac Donald and sell short Starbucks same size
at the Cup I will Close all trades and celebrates
$MCD with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $MCD after a Negative over reaction following its earnings release placing the stock in drift C.
