Heading there to get lunch this second, just looking at charts and this looks like it is at or very near a top. Monthly chart with an idea of what could happen. Monthly Divergence, even a pull back to the top at $150ish is a good gain when leverged.
Market is down on this half day and doing some bargain shopping of quality stocks. Aiming to take it back up to retest the high for Q1 2019 with March single Calls. NYSE:MCD
Symbol: AUDCAD Prediction : Short Daily : The trend change, with an Head and Shoulders at the top, now we test the resistance. 4H: The price pullback to 61.8%, the price reject this level, and give a bearish pattern. 1H: I think it's the time for the price to go down now, the price is on this channel, when it will break it will have space to fall .
MCD stock is very popular with the retail trading groups. The footprint of the retail trader systems trading the stock is very obvious on this chart. The candlestick patterns are all indecisive, there are no strong easy runs in either direction, and lots of wicks and tails, which is where retail brokers are reaping huge profits. Overall, it is a very messy looking...
Symbol: $MCD Prediction : Short Daily : The price break the last lower low, with a bearish run, it breaks the trendline, now it's time for a pullback. 4H: The price breaks the EMA 50, it start to consolidate on a support. 1H: I wait a pullback to come near the 61.8% zone and the last support which is now a resistance.
DPZ market cap. 11.3B vs MCD market cap. 130.6B DPZ has potential to grow compared to fast food giant MCD Long term idea without predefined stop loss and target profit. Disclaimer: I do not provide investment advice and I am not a qualified licensed investment advisor.
$MCD McDonalds Breaking Out - targeting $200 by next earnings report late January. Expect to possibly see a near term pull back and retest of $179 support. Note: Informational analysis, not investment advice.
After a 7 month consolidation we have a breakout despite a weak market the last 2 weeks. Approaching oversold, time to buy Mar calls.
im entering short until around 159 \will flip to longs afterwards
The 99% of the global population love McDonald's burgers, but that's not my concern. Basically, this company has been working aggressively on several initiatives to shed its image of an unhealthy, junk food but in fact, it is... and if they want to improve margins and consequently, earnings... is very hard to get it in the short term. Over here you will find a...
Be careful about MCD. On the chart, there is a short signal after a bearish divergence. It's likely a fall of the price at least until area $ 154.50/156.00.
Looks like we have a strong support level and a bit of a McWedge. Haha.
On 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 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.
Different conformations for an uptrend ;)