MCDONALDS NYSE:MCD | MCDONALDS RANGE BEFORE EARNINGS - Apr. 15, 2024
BUY/LONG ZONE (GREEN): $270.00 - $276.50
DO NOT TRADE/DNT ZONE (WHITE): $266.00 - $270.00
SELL/SHORT ZONE (RED): $259.00 - $266.00
Weekly: Bearish
Daily: Bearish
4H: Bearish
I wanted to create a post for the initial bullish trend breakdown and the first range, but decided to wait until we...
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...
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...
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...
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.
If you haven`t sold the forming of the Head and Shoulders bearish Chart Pattern:
Then you should know that McDonald’s owns around 84% of its 847 restaurants in Russia, which accounts for 9% of its total revenues and less than 3% of its operating income globally.
They will continue paying its 62,000 employees in Russia.
Considering the facts above, my buy area...
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...
