Trading Idea - #McDonaldsBUY:
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 this are the many drive-in restaurants especially in the US, as well as the delivery service and the digital offers.
3.) For 2021, McDonalds is considered a profiteer of the step-by-step reopening in the pandemic.
Trade ideas
Mc-DonaldBased on Technical Analysis, there are a lot of opportunities that will make sure that the share price of the company declines. no more bullish movement for the company, up until the tagerted price level its hit. This means that the share price of Mc donald is expected to drop till the market hits the take profit. this will be taken into consideration in making analysis on a Monthly timeframe.
Extra Taste for McD'sI get the same end game for McD's crash target price, same year as the SPY target hit, why is the bottom targeted 2025? who knows, all I know I discovered the secrets of the stock market that might get the FED and SEC tracking me down and forcefully make me delete all these posts and my social media, I might be the lucky millionaire to successfully short the entire market, or i might be the loser to lose everything, fate decide, but as a mathematically chart reader pro, my fate has already been decided.
this is not financial advise, always do your own due diligence.
Daily McD's treatmentThis is your monthly forecast for MCD's, my pattern was unique observed a strange presences of a market fall, but this could be a massive correction before an actual stock market crash that my belief will start 2022 after the massive market correction rebound, but the odds of that happen is very little, it just a belief.
Other than that, its a forecast, like any weather man, the only job that cant be blamed or fired if wrong. This is not financial advise, always do your own due diligences.
thank you, if you want me to forecast a stock, just simply follow me and comment a ticker and i will be happy to do it next business day!
have a happy trading session tomorrow :)
Cup and Handle Rising wedgeI do not like the rising wedge. Rising wedges are not valid until bottom trendline is broken.
Rising wedges are usually bearish and interrupt supply and demand. Both trendlines slope up and then converge at the apex. In the long run, rising wedges are a terminal pattern. Support within the wedge can catch the fall. There is support up high in the wedge pattern.
Vup low is 202.73 Cup depth is 29.18 Mid cup is 217.30
No recommendation
MCD Downward ChannelMCD has been caught up in the market tides but looks to be quite overvalued. Hitting this trendline from the fall, we're seeing this perfect channel that proves a great MCD short. WIth RSI and Stochastics pointing down, and given the current market volatility, I'm eyeing May puts for a short term swing!
Identifying confluence for Buy/Sells and Trend reversalsMore practice from Price Action Breakdown Chapter 3. If you stopped to master this chapter, you might not take another step in your life. I will have to keep pushing the pace over the weekend to get the material in. I will set my goal a finish this chapter by Sunday. Quality may go out the window, but executive decision are being made. Will have to re-read this part.
$MCD with a neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $MCD after a positive over reaction following its earnings release placing the stock in drift B
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A breakout is happening on MCDToday, 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 consider that the setup is ready to execute
d) The red line below the structure represents the invalidation level or the stop-loss where we will cancel or close our setup
e) The first fibo extension is the break-even level where we will move our stop loss to the entry area
f) The second fibo extension is the target of the movement we are expecting
g) The risk we will take on this setup is 1% of our capital
h) The ascending movement can last between 3 to 4 months
Thanks for reading!
MCD (NYSE) - Move in bearish trend channelGreetings
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Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
MCD (NYSE) - Move in bearish trend channel
WHO WANTS FREE MCDOUBLES ? JK no confirmation = no trade
no profit margin = no trade
must get a confirmation on LTF
Either 15M Timeframe or 10M or 5M
we must get a change of trend on those timeframes like price coming into the zone with LL/LH and we need HH/HL To come in!
that's how i enter 99% of my trades






















