MCD, GOLD, BMY, ETR, AZN, BHP, BMY, CAG, CI, CL, DTE, GWW, HUM, K, L, NKE, RIO, Y, TJX
ETR, BMY, MCD, GOLD
Very positive forecast for Mcdonalds! yesterday the market has retested a broken resistance that turned to support. after that, we see a very strong bullish reaction! for us, it signifies that most likely in the nearest future the market will reach the current high. the initial target is 214 the second target is 220
ETR, BMY, AZN, KR, MCD, GOLD
4H Chart Explanation: - Price is on an Ascending Channel. - Price broke the Descending Trendline. - Bearish CCI indicating a correction from here. - After it, potential to move up towards the top of the Channel. Weekly Vision: Daily Vision: Updates coming soon!
ETR, BMY, MCD, GOLD, AZN, CAG, CPB, KR, L, LMT, NEM, NOC, Y, RTN
MCD is struggling to form a short-term bottom at a non-support level. The stock had been under heavy distribution which triggered High Frequency Traders selling short as well as Pro Traders selling short, even while new Retail App Broker Investors were buying into the downtrend. Buy on the Dip strategies are in play, but the large lots overwhelmed the retail small...
After years of consolidation, Disney broke out and made an ATH, Now it's ready to fly. Look what happened to MCD earlier
Trade Entry I am tapped for capital with other trades actively working. If I were to enter, this would be my entry choices: Jan. 24 Expiry. 200/205 Put Credit Spread. $2.50 credit. Risk and reward are even $2.50. If you want to play earnings (which looks like good idea), move out to Jan. 31 or do both dates. MCD above $205 at expiry keeps the whole credit. Stops...
AEP, AZN, AZO, BHP, BMY, CAG, CPB, CVS, ES, ETR, GPC, HRL, HUM, K, KMB, MMC, OMC, RIO, SO, SYY, TGT, TSN, VMC, WEC
MCD is a safe solid stock, although oddly in XLY rather than XLP. It has missed the last four earnings, and the pullbacks from those misses are fairly mild recover quickly. Even the double whammy of a miss and loss of CEO in Q319 started to recover within days. Note in Q418, the stock only fell 11.5% against a general market decline of 20%. In this respect it is...
Daily 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!
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...
Im not saying this WILL happen....but it could.
Rising Wedge Bearish Continuation pattern 1-2 Week Swing Target at 191.50 Stop loss at 196.50