MCD breaking uptrend from lows of Feb '19 with a strong move down through the trendline area... Looks like more downside to come. ~$193
Mc Donalds will soon feel the heat due to the increase in competition among other fast food retailers. I really suggest taking the time out of your day to hear me out and possibly rebuttal my claims. NYSE:QSR
McDonald's has been having a great run, with price rarely selling off even during economic cycles and turmoil. Now in a channel with confirmed levels. Over the past year price made it 35.57% up with all time high at $222. Creates great options to trade when the price tests the low side of the channel. Long trade with a good risk-reward or wait for the potential...
I keep telling people this isn't worth trying to short... but here it is anyways. The last McDiamond top coincided with a dividend date, probably gonna get the same here because it's not even overbought yet on the daily. I expect the market to whipsaw down next week, short anything besides restaurants, lol.
McBubble appears to be forming an expanding triangle into a possible McDiamond top again. Obviously waaaay overdue for a drop, been melting up in a narrow channel, but the wave count seems to suggest that it's going to be a wave 4, not a huge tank. No position, not gonna play it. Last time I bought puts I made money but the return wasn't all that great. Just...
Holy cow, is this ever a bubble. Look at the income statements, lower revenue for 4 straight years, and lower net income for 3 quarters. Of course that means a new ATH, lol. In all reality it should be trading at $110, but all Dow components are in a bubble, why should this one be any different? Not shorting this yet, look for a clear reversal pattern like the...
It's the 3rd week and maybe start to feel a little bit improvement in my English speaking lol. We got the following important names that I mentioned in this episode: Mon: HAL, AMTD Tue: BIIB, CMG, KO, V Wed: T, BA, CAT, FB, PYPL Thur: GOOG, AMZN (no time for MMM, INTC and SBUX ) Fri: MCD So many want to talk about but I only got 20 minute in this video, hope...
big if true. chart is getting exhausted
On the daily chart of McDonalds`shares the price has formed a bearish divergent bar which is amplified by Elliott waves structure, where, with high probability, we have finished the 5th Elliott wave of a bullish period. In addition, there is an AO indicator divergence. Going short using levels that are marked on the chart.
This nearly ATM July 5th IC on McDonald's is technically driven. For the past 10 trading days, MCD's open and closes have both stayed within the parallel channel range of 203.73 and 206.16. With a great risk/reward ratio, we are entering into a short iron condor on the July 5th contracts, 8 trading days away, with a maximum profit of 147 with a mere, limited max...
Take a short on the worst coin ever. What could go wrong? set a stop on previous high.
Despite the market fluctuation, MCD is trading at its all time high level, which is quite in-play as a super relative strength pick! Here we got this inside day after all time high before the 200.00 fig that had been tested once. 2 choices out there: 1. buy the inside day breakout 2. buy the 200.00 fig breakout In this case, I'll prefer the 2nd one as there...
MCD has a pre earnings run underway. It has broken out of a long-term trading range to a new all-time high. The technical indicators are diverging from the price action, indicating the rising risk of a retracement due to profit-taking.
NYSE:MCD McDonalds Corporation Stock - NYSE (USA) Profit:Risk = 2.5:1 --- Sell Stop (Sell) = $191.36 Take Profit = $188.77 Stop Loss = $192.37 ------ Take Profit = +1.35% Stop Loss = -0.53%
Bought this and kept it while I closed goog... well stuff happens. This looks set to continue.
Technical analysis shows NYSE:MCD forming a parabolic breakout pattern which will come to fruition the closer we reach May. If the pattern fails to breakout, the price may drop to its previous support level of 150.
Hey everyone, this is my first post and im still fairly new (2-3 months in) but heres my two cents. As you can see, mcdonalds is quite a slow mover, however; I also believe that because of the apparent double top/ shoulder forming, we could potentially see a peak as high as the area I have shadowed (at best case for bulls, a third retest of the resistance to...