SBUX on the dialy chart may be another candidate to short while the general market remains challenging in the face of the loss of anticipated rate cuts and ongoing geopolitical risk. SBUX has been trending down for nearly six months and the earnings miss add emphaisis to the trend. At this juncture, there is nothing to suggest a turnaround. I am adding SBUX...
CAKE on the 30 minute chart shows suggests as a short candidate including death crosses as well as a loss of strength on the RSI indicator. I will short CAKE and investigate put options for sufficient volume and level of implied volatility.
McDonald's Corporation (NYSE: NYSE:MCD ) falls short of quarterly profit estimates for the first time in two years. Amidst a backdrop of geopolitical tensions in the Middle East and evolving consumer preferences, the iconic fast-food chain faces challenges in maintaining its market dominance. This article delves into the factors behind McDonald's recent...
MCDONALDS NYSE:MCD | MCDONALDS RANGE BEFORE EARNINGS - Apr. 15, 2024 BUY/LONG ZONE (GREEN): $270.00 - $276.50 DO NOT TRADE/DNT ZONE (WHITE): $266.00 - $270.00 SELL/SHORT ZONE (RED): $259.00 - $266.00 Weekly: Bearish Daily: Bearish 4H: Bearish I wanted to create a post for the initial bullish trend breakdown and the first range, but decided to wait until we...
MCD lives on people liking what they eat and eating a lot of it. The Happy Meal is famous. into the business model comes the new wave biologics for obesity and diabetes. the shots that cut down the weight and the food addiction. Insurance companies are jumping on the bandwagon. 1/3 of the people eat half the food. Increasingly, those people are...
CMG has announced a split. Makes sense to make shares more affordable but fractionals are widely available. CMG may be fundamentally challenged by the underpinnings of the fast food markets. that is overeating and rising prices. In the meanwhile the anti-obesity and anti- diabetes trends are pushing hard led by the bological injectable meds from LLY, NVO...
For McDonald's Corporation, we continue to believe that we are in a long-term downward correction on the daily chart. We completed the first 5-wave cycle with Wave (5), nearly at the all-time high of around $300. Since then, we've developed the subordinate Wave A and potentially also completed Wave B or at least its initial parts. We expect to see Wave C and the...
Hello freinds this chart we shows that this market will know an uptrend on next days when i recommend buying if you want more informayions please show the chart good luck
McDonald's: A Time-Tested Investment Recipe for Long-Term Success McDonald's, an iconic symbol of the fast-food industry, has not only defined the sector but has been a consistent performer, enriching investors globally. Despite its historical success, a prudent investor must evaluate the potential for future returns. Here are three compelling reasons why...
CMG on the weekly chart has been uptrending for a year after being rangebound sideways for a year. It has seen a volume spike and corresponding price action with the current earnings beat Price rose 60% in the past year and 16% YTD. This is not linear and nor is it parabolic. The MACD supports the bullish momentum observation in the price action while the RS...
McDonald's ( NYSE:MCD ), the global fast-food giant, has hit a speed bump in its impressive growth trajectory, reporting its first quarterly sales miss in nearly four years. The challenges stem primarily from sluggish international business, particularly in the Middle East, China, and India, impacting its bottom line. While overall net profit increased by 7% in...
On quick glance, maybe a little bit of a happy meal, but they definitely gonna forget the toy. Why does this chart look like a child drew it? Well, it was drawn on my one of the streams I did back in oct and since the lines are still holding and trends are still holding, I figured I'd share it again. my last post was deleted because I used a bad word. which is...
In the ever-evolving landscape of the fast-food industry, McDonald's ( NYSE:MCD ) emerges as a beacon of resilience and growth. As the iconic brand prepares to unveil its fourth-quarter results on February 5, 2024, the anticipation is high, and all indicators point to a recipe for success. Let's delve into the key ingredients that make McDonald's a compelling...
The NYSE:MCD (McDonald's Corporation) stock is exhibiting a double top pattern, which is often interpreted as a bearish signal in technical analysis. This pattern is characterized by the stock reaching a high price point twice, with a moderate decline in between, forming an 'M' shape. Given this pattern, a trading strategy could be to enter a short position,...
McDonalds looking like it is getting close to a pull back. First sell signal triggered with yesterdays closing on my SSG trading system. Ideally would like to sell Calls with a strike of 300, however the premium not high enough. Looking into building up a long put position instead.
McDonald's Dividend Boost: A Testament to Resilience Amid Market Fluctuations In the dynamic landscape of 2023, McDonald's stock has navigated through various challenges, experiencing moments of ascent and descent. A notable downturn occurred when the company announced its first increase in franchise royalty fees in nearly three decades. However, a recent...
MCD tanked impressively lately. I had no clue why. Then I checked the News, which I very rarely do. There was one article that made absolutely no sense to me: "Concerns about weight-loss drugs: There are some concerns that the growing popularity of weight-loss drugs, such as Ozempic and Wegovy, could take away demand from food companies like McDonald's." To...
McDonald's (MCD) beat earnings estimates for the third quarter as higher menu prices boosted sales growth. Global systemwide sales — which include sales at company-owned and franchised restaurants — increased 11%. Global same-store sales jumped 8.8%, higher than analysts' estimates of 7.79%, per Bloomberg consensus data. Revenue jumped 14% year-over-year to...