Entry price: 240-243$
Target price: 254-255$
Chart pattern: symmetrical triangle
RSI: neutral, oscillating near to 50 level
Conclusions: The price already broke up the upper line of the chart pattern, moreover RSI shows further bullish potential. Therefore, the long position is recommended with the entry price above the breakout.
Above information should be...
Stock Market Trading is dangerous and non profitable for most of you out there. Follow signals, make money. Period.
How to use my signals?
LONG: Buy and hold as long as the price stays above the green zone.
SHORT: Sell and hold as long as the price stays below the red zone.
Always up. Buys only. Bla Bla. The MCD in our town just upgraded to a double lane drive thru. Is that a clue? Large caps gobbled up all the smalls. I liked our mom n pops too. Shame. MCD ate them all. So sad. Time to pay their fair share! Corporate tax rates will get the hike they deserve.
*Revenues from abroad. Shipped from abroad. Expenses abroad....
There was perhaps no greater source of criticism against McDonald's for missing out on the opportunity to brag about chicken sandwiches than its own franchise owners, but after the fast-food giant's second-quarter earnings report, they should feel like masters of the situation.
McDonald's reported sales and revenue that exceeded Wall Street expectations, thanks...
MCD's has consolidated nicely right along its recent all time high set months ago at $231.91 and is doing so off of consecutive higher highs and higher lows on significant time frames.
On the monthly, we also see that McDonalds is putting in a bullish engulfing candle. There are still a few weeks left in the month, but with the price already being in blue sky...
ENTRY: 235.10 USD
TARGET: 260.00 USD (+10%)
STOP: 221.50 USD
1.) The former downward trend (Oct.2020 - Mar.2021) was ended by a strong upward movement, which broke through the resistance level at 230 USD. Technically speaking, this means an upward movement continuation.
2.) The business of the world's largest fast food group has recovered. The reason for...
Today, 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...
McDonalds new chicken sandwich has chicken sourced from the same source as Chick-fil-A. It's amazing. Game changer. McDonalds has had crappy "premium" chicken sandwiches for many many years. Long maccas. I just want 5 rep points to chat. It is a delicious sandwich. If I was blindfolded I wouldn't be able to tell the difference between McDonald's and Chick-fil-A.
Here's our overview on McDonald's Corporation's stocks for the upcoming days. As always we say, never trade stocks without first understanding the corporation itself, and without following the news. However, based on MacroForex's technical analysis, we have a broken trendline and our MA200 that is about to be broken which leads us into believing in shorting this...
Looks like MCD is finally breaking this falling wedge pattern that we've been looking at for months now, a break over $216 will be needed to confirm the move. Targets for options are as shown, and the target for our equity position will be at $245 based on longer term Fib levels.
Considering it is my first Trading View post, I'd like to start by saying that I'm an experienced (5+ years) Options Trader purely based on Technical Analysis. I'll give my analysis on the price movement of a stock followed by a trade alert. Now as this is fairly for educational purposes, if you do decide to take a trade, it is your responsibility to manage your...