MCD is next. Ronal fucking mcdonald dude. Perfect breakout and catch. Right out of a bull flag BUT now it’s back in it’s triangle. PT is still 200. Calls we have are for August so will see what the rest of the week brings. Contract down a bit but we’ve got some time. For those who missed out we could be seeing better buying opportunity. Looking at the chart again...
Looking to see a bounce at 180. It's moving slowly. 200 call for 7/24 is looking good. .29 premium. Will watch to see if the flag is filled or the stock is able to break above 187. McDonald's is a good stock long term. The important points are 180 and 187. Will watch it on Monday with everything else. If it falls down to the 180 I'll be looking for cheaper...
Currently MCD is in a downward trend and is currently just above a gap area. The 50 SMA is about to cross below the 200 SMA and that is a bearish signal, along with the fact that recently the stock has been printing lower highs and lower lows. I am looking to short all the way down to $168 where there is a support line. This support line is above another gap and...
If you have not entered, pls rmb to enter, price is not waiting for us.
Bottom of channel Potential breakout of broadening wedge which may be acting as a flag for a bull flag forming. Personally i feel public sentiment for MCD is declining but im sure its used now just for its convenience.
Im getting MCD July 17, 200 Calls for MCD target is $203.11, this will likely be a day trade Direct Message me if you want info on Trading group
we are looking to enter as well
IF the bullish momentum observed on MCD is maintained throughout this week, then the stock could likely be eyeing 210 and above in coming weeks... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Technical Analysis - The idea is to go long but wait that the support of 190.00 usd will be broken before buying. There might be a possibility of a price retracement that will test agin the bullish trendline. Fundamental Analysis: The fast-food chain was among the best performers during the Great Recession of 2008 and 2009 and looks poised to repeat that accomplishment
The trend is bearish. So it's better to take only sell trades. For now use range trade rules.
4H Chart Explanation: - Price bounced on the Resistance Zone. - After that, it broke the Red Micro Descending Trendline. - Now, price has potential to move down towards the Support Zones. Weekly Vision: Daily Vision: Updates coming soon!
Keep your trading simple Bullish Swing T1 = minimum risk reward 1:1 I always leave 1/3 of my position for long term gains - moving my stop to my entry if I need to give room for the volatility or using trailing stop for maximum gains. For maximizing your profits you can use Options. Not a financial advise just my view - trade smart trade safe. Follow me to...
Testing an 8 year old trend line, upward movement is supported by the climbing trend on the MA indicator that can be observed. Will it hold? I think its likely.
MCD Otra gigante que se desplomó, tbm por el cierre de todos sus locales por la cuarentena, tendrá muchas perdidas, sin embargo ya se recuperará tbm como todas las demás. Cuanto tiene hasta el máximo ? un 61%. Sin embargo a no apurarse que puede presentar mejores precios aun
The First Target at McDonalds hit today. Whats next? If correction goes on, next target should be $139. Than we have to look if we change direction from short to long.