After a long period of bullish appetite, the bears should dig in now. McDonald’s has thoroughly tapped the magenta-colored zone between $291.18 and $287.84 and also touched at the green zone between $294.18 and $290.10, completing wave in magenta as well as wave B in turquoise. Now, the share should drop out of the zone-compound in magenta and green and fall...
Falling Wedge has formed on Mc Ds The price broke up showing strong upside. 7>21>200 - Bullish RSI >50 = Bullish - Higher lows Target $289.50 SMC: Sell Side Liquidity was swept at the very strong support. Once this happened, Smart Money bought into the orders pushing it up. Now it's clearly showing strong upside to come.
In my opinion, this is one of the best sales deals on the current market. In the monthly chart, this stock has a 5-wave trend, which is currently the end of wave 3 and we are at the starting point of wave 4. This wave will be in the form of A B C and it will be a big and rapid wave. The reason for its rapidity is the end of a 5-wave in the weekly time frame...
On the daily chart, MCD is trading within a descending channel extending since October of the year 2022 and also trading on both sides of the crucial EMA-50, and around the swing level at $267.98 (Fibonacci level 78.6%). The breach above the previous two lines usually leads MCD towards testing the top of the descending channel, as well as retesting the support...
I'm bullish on MCD. IMO it can go up to $275. My trade levels are as follows: Entry level: $265.05 Take profit: $275.63 Stop loss: $262.68 Risk/reward: 4.46
January has been historically a good month for stocks as some investors reenter the market after selling some of their holdings at the end of the year. The bullishness at the start of each year is dubbed the ‘January Effect’. On January 6, US stocks staged their first big rally of the year, with the Dow Jones Industrial Average closing 2.13%, the S&P 500 jumped...
$MCD uptrend Ascending triangle, met at height Decrease down to $230 any time back in next 1-4 months Re-entry ~$245 range
WcStellar XLM Welcome To WcDonald's Look a Double Cheeseburger Left Unattended! WE AWAIT THE LIGHT 1X10^(-27) LM
The McDonalds Corporation (MCD) is defying the Bear Market as on November 10 it made a new All Time High. Today it pulled-back to the 1D MA50 (blue trend-line) amidst the general post Fed market drop for the first time in nearly two months (since October 21). As you see it is trading within a long-term Channel Up since the 2020 COVID crash and is best seen if we...
One of the few bullish ideas available right now, MCD has a great pairing with our short SG.
After a 9-month waiting period, McDonald’s has finally created new all-time highs. The previous all-time high was back in January this year at $271. Following that, price then went into a range between $217 and $271 and managed to pick up enough momentum this past week to force a breakout from consolidation. Our task now is to confirm whether this is a fake...
Enjoying a cup of coffee on a cool day while shorting McDonalds. Technical indicators I have been using for years show strong favor of decline in stock price based on MACD, RSI, and a sell signal that has a track record of being very accurate. Candlesticks also show a down trend. If you look at the latest 3 candles before hitting play, you can see that resistance...
Price structure is signaling a potential breakout to the upside in McDonald's. Ideal structure will maintain trendline for bullish count. No reason to take any more risk to the downside.
Looking at the MCD McDonald's Corporation options chain, i would buy the $265 strike price Calls with 2022-11-25 expiration date for about $2.90 premium. Looking forward to read your opinion about it.
Order SELL MCD NYSE Stop 235.32 LMT 235.32 will be automatically canceled at 20230401 01:00:00 EST MCD daily bearish hammer nice close below MA 10 beginning of wave 5 downtrend.
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.