Mcdonalds seems to be forming a nice symmetrical triangle continuation pattern. As symmetrical triangles can also indicate reversals, it is important to maintain a watchful eye for a breakout. Buy or short upon breakout in either direction. Until a breakout occurs I am on the sideline.
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.
After Retesting the 6/7 bullish gap up, large volume came in on Friday. Im Looking to play this with a breakout of the hammer candle and a conservative stop being below the initial gap. If i make money on this trade i will go buy a Mcflurry... maybe.
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.
MCDONALDS Corporation is way more complexe than a simply bad burger, but 50 years of growth with just a decent correction 18 years ago are the parcour of an indestructible panzer. But time change and also the panzer become old. This correction looks different than the small one of 2012 and 2017. The sink was rapid and there was to much precipitation to put the...
Looking to short McDonalds at the cyper pattern completion
Different conformations for an uptrend ;)
$MCD broke $158.49 resistance. Analysts expecting double digit % drop in same store sales on earnings report looks priced in. Was oversold RSI. 6 touches on the downtrend resistance line. Expecting previous resistance to turn to support on way to $162.50
Fat America is still alive and well. Last I checked the Fed isn't hiking the Burger rates. MCD continues to perform and even if we see some flatness and downside in the next couple weeks this is still a good buy. Bearish on the average Joe's ability to choose proper sustenance Bullish on burgers and fries. Also check out KO for a nice cheap beverage to quench...
Shares of McDonald's Corporation are trading at a P/E ratio over 30. No matter how solid earnings reports the company may have published, it is time to correct the excesses. Good luck fellow traders
Slightly bearish on this share after data release of 1.76 vs 1.73 previous. This time my decision was purely based on my new forex system, but testing it on stock market, Lets see what it does! Have a good Trading week, Cream Live Trading, Cheers!
McDonald's comparable sales will be aided by continued investments and menu innovation. Alongside above mentioned factors, its international presence with a softer USD will aid overall margins. However, with rising wage growth and soft quarterly restaurant spending globally, I expect profits to be under pressure. Guidance should underwhelm with the...