McDonalds looking like it is getting close to a pull back. First sell signal triggered with yesterdays closing on my SSG trading system. Ideally would like to sell Calls with a strike of 300, however the premium not high enough. Looking into building up a long put position instead.
McDonald's Dividend Boost: A Testament to Resilience Amid Market Fluctuations In the dynamic landscape of 2023, McDonald's stock has navigated through various challenges, experiencing moments of ascent and descent. A notable downturn occurred when the company announced its first increase in franchise royalty fees in nearly three decades. However, a recent...
McDonald's (MCD) beat earnings estimates for the third quarter as higher menu prices boosted sales growth. Global systemwide sales — which include sales at company-owned and franchised restaurants — increased 11%. Global same-store sales jumped 8.8%, higher than analysts' estimates of 7.79%, per Bloomberg consensus data. Revenue jumped 14% year-over-year to...
McDonalds Corporation (MCD) has been trading on a Fibonacci Channel Up since late 2020 and since the May 2023 High, has started a correction that twice in October hit the bottom (Higher Lows trend-line) of the pattern. On the October 06 bottom in particular, the 1D RSI reached 20.00, which means massively oversold on strength. Since the 2020 COVID crash, the RSI...
Unwrapping the Unique Investment Opportunity: The McDonald's Story McDonald's, the golden arches that symbolize fast food worldwide, may not shine with the glamour of tech giants, but it offers a distinct investment opportunity. Beyond its role as a fast-food behemoth, McDonald's operates on a unique model that sets it apart from traditional restaurant...
If you haven`t sold MCD Head and Shoulders here: Or reentered here: Then analyzing the options chain and the chart patterns of MCD McDonald's Corporation prior to the earnings report this week, I would consider purchasing the 300usd strike price Calls with an expiration date of 2023-8-18, for a premium of approximately $3.75. If these options prove to be...
McDonald's stock presents a small level double top shape! This figure shows the weekly candle chart of McDonald's stock from the end of 2019 to the present. The graph overlays the low point of 2020 against the golden section. As shown in the figure, the high points of the past two months have been suppressed by the 2.618 position of the golden section in the...
Take a closer look at $GRIMACE right now Short-term local forecast This trading idea is based on a commonly observed behavior of meme coins. After an initial surge, the coin tends to consolidate for a few weeks, undergoing redistribution and position accumulation. Here are some arguments in favor of the asset's potential growth towards the first target ($10): ...
Hello everyone, in this idea i will try to share the ideology of Grimace and also we will look at chart. LFG. Grimace is the new coin which was recently listed on MEXC. The ideology of the project is very promising and here's why: 1) Big community(over 30k people community). 2) Potential Hype with McDonalds(Think about it). 3) New project(big potential for...
Today I will share with you one theory regarding the adoption of cryptocurrencies by large corporations and how McDonald's is moving towards the adoption of DOGE through the MEXC:GRIMACEUSDT coin invented by them. On January 25, 2022, Elon Musk tweeted the following: “I will eat a happy meal on tv if @McDonalds accepts Dogecoin” On 01/26/2022, the official...
bearish posture short term, just lost 50MA, vol profile favors a pull back to 275 which is also .618 Fib
Wow, wow, after a few years, what will happen in McDonald's big company? McDonald's company has taken enough of its profits from the stock market and Wall Street. The global economic recession will start soon. Do you think that 70% of McDonald's shares will not fall? I will tell you. Be prepared for the fall of McDonald's shares. I think you should sell your...
Not financial advice. I believe that the price of NYSE:MCD will very soon reach $298. I'm thinking tomorrow, but definitely by the end of this week.
Yesterday i predicted the price of NYSE:MCD reaching 298. Here we are.
This is pretty self explanatory. NYSE:MCD Technical analysis using volume profiles.
MCD has come off a crazy rally and had slid into major upsloping resistance. In addition, MCD is also very over extended in the eyes of momentum. I have started a short position here.
Here we are looking at MCD on the Daily TF… As you can see, MCD has run into its macro resistance, at a current price of 298.47. This is the third time MCD has tested this upwards sloping resistance line. Each of the previous two tests led to a sharp sell-off. Not only is MCD reaching this upwards sloping resistance, but it is also very over extended. For this...
Falling Wedge formed on MC Ds. The reason it's a Falling Wedge, is because it lasted for a few months. Then the price broke up and within a few weeks, headed straight to the first take profit at $289.50. Now the price is still showing strong Bullish bias. And we need to wait for the market to consolidate and form the next pattern. I'll let you know! In the...