Buying MCDOn the M15 chart of McDonald`s shares a bullish fractal level was formed within the beginning of the 5th Elliott wave of bullish period.
MCD trade ideas
MCDonald's looks strong nowOnce again above the SMA 200 and indicators looking good. After the pullback in February it's now back on track.
Paying dividends and going full steam ahead, nice peaks in volume on strong days.
RSI has a nice climbing support line, leading me to believe the stock will go to the roof of its trend channel and maybe even break above it. Should RSI go above 80, we may be in for a fun ride.
MCDONALDS TIME TO SHORT WEIGHTMCDONALDS Corporation is way more complexe than a simply bad burger, but 50 years of growth with just a decent correction 18 years ago are the parcour of an indestructible panzer. But time change and also the panzer become old.
This correction looks different than the small one of 2012 and 2017.
The sink was rapid and there was to much precipitation to put the price higher again and now there is a little ascending wedge who is forming after the last ATH. This means that MCD will sink a little bit more.
MACD formed a similar pattern than in 1999. This opened 19 years ago to 4 years of bear. Moreover MACD found actual support on a unbreakable level. MACD never went under this level and if MACD break this level could be the begin of the end.
If it would happen MCDonalds will go to retest EMA 300.
If it break EMA 300 it will open to a loooong correction. Why
In this picture the reason
BIO
NYSE: $MCD McDonald's Corp. Short idea for the week of 11/20/17Head and Shoulders identified. This pattern is still in the process of forming. Possible bearish price movement towards the support 163.5200 within the next 2 days.
Supported by RSI DOWNTRENDING
AND BEARISH EMA CROSSING ON ALL TIMEFRAMES
$MCD Overbought at Resistance$MCD Overbought at resistance after announcement yesterday of corporate labor cuts.
Assuming 171.10 resistance holds by close today, expecting a retracement back to atleast 167.00-168.00 level by the end of next week.
Ideally would like to see a close today at or below 171.10.
$MCD WeeklyBreaking below bearish flag but also has a potential bull flag forming ... which ever way it breaks is new trend ....
Explosive Move Coming in $MCD$MCD Setting up super nicely for an explosive move .. could use 50dma as a spring board out of this tight pattern
Short Term MCD is buy . Target 167-168 . Currently it is at 163.Enter MCD at current level. Near term target 167-168. If it breaks it , it can go up to 170.
McDonalds easy 3%. Buffet loves his burgers Cycles, fib, rsi and divergence all point to 3% as long as RSI does not plow through my channel today. If closes above lower channel to the moon.
Tasty burgers!We should be seeing a pop towards the white rectangle sooner rather than later. I will be exiting my longs there and wait out a potential consolidation phase.
Will Maddie D’s keep things up...?After a pretty good earnings report McDonalds has been correcting a little.
The big question is if it will stay above its 200MA on the daily. We also have a couple of very important points on the pivot points as we are coming to the pivot level along with one of the last Support level.
We are showing some pretty high numbers on the Stochtastics so looking a bit overbought till it drops not too keen on opening more with the markets being so volatile.
Slow, Steady Growth in 2018 w/ Tech + China (PT: $183)It looks and feels like MCD will be hovering/consolidating around the $160 mark until more news comes in to spurt growth back into the $170 range. No major recovery from February has really taken place, even with the last quarter beats. Death Cross?
As a company embracing more technology, initiatives have already been taken in the first half to help grow the second half. Operations initiatives will be updated as more upgrades happen and the China refranchising will also be concluded. I think it will be slow, but steady going the rest of the year for MCD, but it's a long term stock for a lot of people, so accumulate around $156 and below when possible.
Previous ranges show a characteristic "top" to where the stock will head and wait for the next big thing. It's not much higher at $183 than the all time high this year of $178.70. Hence, why the growth is slow, but steady back up to where it was. MCD is a great value, with a great brand worldwide that won't go away anytime soon.
McD's is in a ChannelMcD's is bouncing between 155 to 167. It might trade lower to 159 or 155 and then return to 167.
mcd all the way to 168.50 to 169we took a trade on our trading room on mcd at 166,79 we are looking to get the 169 target in the next 2-3 days.
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MCD my only long trade for earningsthis is going to kill it this quarter. CHINA strength to top it off. SBUX loss is MCD gains
Are the bulls coming?This strong candle rejecting support can reflect the tomorrow earnings release.
MacDonald(MCD) Shorting the new trend
Entry: 156
SL: 160.55
TP: 147.15
As seen from the candlesticks, the price had recently breached the 200MA line and so far buyers are unable to push the price back up. Hence, MCD is facing a possible change of trend based on the daily chart. Although the weekly chart still indicates an uptrend, however, a pullback is expected on the weekly chart especially with the strong bearish candle. SImilarly the daily chart indicates a strong engulfing candle which might indicate a probability of stronger selling. Thus, a short trade will be taken to ride on this momentum.
