MDO trade ideas
MCD - McDonaldsMCD has sold off quite a bit here in the last few months and is hovering above this longer term support level. I decided to go with a asymmetrical set up using a call spread for this play.
+1 Dec21 155/170 call spread for $5.38 db.
Risk: Try to let price action stop me out at the project stop or manage near a 50% loser to keep the risk small.
Profit: Target hit (initially)
MCD bull breakLooks like the start of a strong break out from bottom consolidation. Could trend up until the end of the year to close the gap
MCD - Short to 50% Fib 152.5Probability play based on the multiple pings off the ema34 and the confluence of trend lines around the 152.50 level.
MCD: Beaten down almost. What goes down must come back up.RSI: at near oversold
Way below Ichi Cloud (getting thin above) if this turns around. Will be very hard bounce. Possibly at the end of h&s phase.
How could this American icon be down for this long? I will patiently wait for this to ride above the dark clouds. Holding long calls.
MCD -- Burger time didn't pan out!I previously thought that we would have a quick squeeze to the 170 levels in MCD. However, the market has proven me wrong, and I have chosen to listen.
Given that it didn't follow the imminent bullish setup which was there to take, MCD has presented itself as "not ready for primetime". So I think we are still in the correction and I think we visit the green box sometime in the Sep-Oct timeframe. I will be going long there.
can we get a pullback? weekly chartI use red trendline for monthly, blue for weekly and black for daily:)
MCD Going into ERMCD is down ~10% from it's highs, forming a cup & handle going back to 06/27. Today's news regarding food borne illness in the salads around the midwest has pushed the SP down to $159.12 in to day's after hours market. I believe the price will start to recover next week headed into earnings due to higher margins resulting from the ongoing automation of their restaurants. The price range from the bottom of the cup to the top is about $5 which would bring us to the $165 target pre-earnings. More upside possible depending on ER.
Are burgers going to be back in fashion in a few days?My fractal analysis has yielded a very interesting possibility if 157 is not broken on the downside in the next few days. I think we go to 172 by mid July, and then make a top at 178 August mid.
Fractal:
MCD Long Near $155Long setup on MCD. This pattern worked very well for more than 3 times in the past two weeks as I was buying off the $159 level and selling at $162 plus. Now the price action is testing the $155 level. Goal is to buy under $155.50 with a stop loss at $154.90. Price target $158.50 or $161.50 if it breaks out of the selling trend.
MCD Swing TradeAfter Retesting the 6/7 bullish gap up, large volume came in on Friday. Im Looking to play this with a breakout of the hammer candle and a conservative stop being below the initial gap. If i make money on this trade i will go buy a Mcflurry... maybe.
Long trend continueAll three MMA still intact going up.
Upward channel still alive.
what do you think?
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.
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.
