MCD Downward ChannelMCD has been caught up in the market tides but looks to be quite overvalued. Hitting this trendline from the fall, we're seeing this perfect channel that proves a great MCD short. WIth RSI and Stochastics pointing down, and given the current market volatility, I'm eyeing May puts for a short term swing!
MCD
A breakout is happening on MCDToday, we will share our View on MCD
Key elements we can see on the chart:
a) The price is above a resistance zone; currently, we can see a corrective pattern on the edge of that level
b) Now, we are observing a breakout of the structure that has been on a range for 150 days
c) Our Activation level is the green line; if the price reaches it, we will consider that the setup is ready to execute
d) The red line below the structure represents the invalidation level or the stop-loss where we will cancel or close our setup
e) The first fibo extension is the break-even level where we will move our stop loss to the entry area
f) The second fibo extension is the target of the movement we are expecting
g) The risk we will take on this setup is 1% of our capital
h) The ascending movement can last between 3 to 4 months
Thanks for reading!
MCD (NYSE) - Move in bearish trend channelGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX, Derivative, Crypto, etc. If u are newbie on the stock market, do not be hesitant to contact me at Private Message. Our Job is to make u Prof trader and proftable trader.
Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
MCD (NYSE) - Move in bearish trend channel
Buy Signal: 215.05Stop: 205.00
Model range play back toward highs.
Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model: Our model focuses on the transitions between 3 geometric states- Range, Continuation, and Reversal
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions.
For questions or more information feel free to contact me in the comment section or via private chat. To view the entire portfolio and track our performance visit our site.
*Yawn* Will it consolidate until Feb 2021? - Cycle AnalysisI love MCD. I even love their fries some times.
MCD has done great during the pandemic. But this stock is tired.
NYSE:MCD has seen a decline, while analyst have set a reduced price target of $225.
This is achievable for MCD. But when?
Based on cycle analysis, it would seem MCD's real momentum will only come through by Feb, hitting the price target or higher by March 2021.
The hope, of course, is MCD finds momentum from the shorter cycle (pink surprise arrow tracking this) and jumps back into the yellow channel. This may happen as a build up to earnings. But, most likely, I expect MCD to trade in the white arrows at this stage.
Yellow Channel - This is the stock's trend channel dating back all the way to 2015. MCD should (and will soon) jump back into this channel for long-term growth.
Good luck!
Getting ready for a key scenario on MCD / Long and Short Today, we will show a clear Daily Scenario and how we will trade the Long and Short Scenarios.
Daily Context:
a) The price is below a resistance zone. That level's critical because we saw 2 sell-off from there on September 2019 and March 2020
b)Also, we can see a Yellow trendline (Dynamic Support / Resistance zone) that is another key level.
c) The logic is: The price above the Resistance zone = Possible Bullish Scenario / The price below the Yellow trendline = Possible Bearish Scenario
Trading the Long Scenario:
-We can see a bullish Corrective Structure. Our entry will be above all the previous resistance zones. We will use Fibo Extensions to define the Targets—First Fibo extension for break-even, second Fibo Extension for Taking Profit.
-The Risk-Reward Ratio is above 1.5 / We expect a resolution of 1 month if the price executes our entry
-We will take a 1% risk of our capital on this setup
Trading the Short Scenario:
-We can see a clear bearish consolidation that has been there for 1 month
Our Entry level is below the structure (without considering the big shadows of the candlesticks). Our Break-Even is on the first Fibo Extension, and the Target is on the Daily Resistance zone
-The risk Rewards Ratio is above 1.5 / We expect a resolution of 15 days as maximum if the price executes our Entry
-We will take a 1% risk of our capital on this setup
Thanks for Reading!
McDonald's (MCD) : BUY at $205 - Elliot WaveMcDonald's (MCD) seems like be forming its 5th wave, with SP500 looks like going to correct a bit to $3400 ish, I do expect a little dip of MCD to $203 - $207 level at 0.382 retracement level from its 3rd wave. When MCD dropped to $205 ish, it could be a good buying opportunity. However, keep an eye on SP500 and other major market news, US election has not officially "finished" yet since the Trump administration might take some actions later this year. Overall, with the short-term positive market momentum and MCD's good trend with beating the earnings, it could be going up after a small correction to $250 ish.






















