Building a short on MCDI think the market is near a short term top (see my $360 SPY idea)
this is a big weekly resistance level.
McDonald's Corp Shs Cert Deposito Arg Repr 0.041666666 Shs
No trades
Market insights
MC-DONALDS KEY LEVEL| BREAKOUT| TRADING PLAN|
X MCD is trading in an upward channel
X Smaller channel is guiding the price now
X Faces key level resistance
X Wait for breakout>
X IF breakout higher>> long till red resistance
X IF breakout of the small upward channel downwards>> short till green support
X General trend still bullish till the big channel gets broken
LIKE + SUBSCRIBE= LUCK IN YOUR TRADES!
MCDONALDS: Our view for the nex 2 daysMCDONALDS close to short
Entry point 213.25
SL 218.63
TP 202.84
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Trading Kitchen
MCD Upside PotentialMcdonalds will be paying dividends in September to those who still own the stock as of 8/31/2020. That on top of its usual pattern before dividends are paid out makes me think we could see $218 plus. Keep watch.
MCD good setup and good chanceHey everyone,
MCD tested the triangle after it's breakthrough and will now go to the 161 retracement as the swing before in my oppinion. This time there is nothing more to say but good luck and much fun!
Entrance: as soon as the opening confirmes the upper side of the triangle
Stop: 201,50$
Goal: 217,40$
Much fun with that trade!
Leave a follow please, my goal is 200 :)
MCD - Breaking HigherMCD stock is advancing step by step with the support of the rising trendline
today breaking above 203
creating cup and handle formation
targets and support on chart
MCDONALD'S CORPORATION NYSE MCDuptrend closeup 202.50
1 target 215.00
2 target 247.00
3 target 272.40
MCD short with goal!Hey everyone,
I just think MCD will fall to the 50% retracement and after that to the 61% retracement. My final goal would be 188.20$
The RSI tells to sell and my Histogram also shows a sell sign.
Much fun with that trade!
Leave a follow :)
McDonald’s has always managed to scramble through recessions Here’s a Thought! 29 July, 2020, by Vladimir Rojankovski, Senior Analyst, Grand Capital
McDonald’s has always managed to scramble through recessions posting strong financial numbers. This time was different. Wall Street expected McDonald’s to report quarterly earnings at 74 cents per share on revenue of $3.68 billion, but McDonald’s only managed to post its Q2 diluted earnings at 65 cents per share, dropping 67% from the same period a year ago and missing market estimates. As a result, McDonald’s shares fell 2.5% to $196.24 at yesterday’s market close.
Also, contributing to bad news, the fast-food chain's revenue in the past three-month period dropped 30% on an annual basis to $3.76 billion. Meanwhile, operating income plunged 58% to $961 million. The company’s global comparable sales also significantly fell by almost 24% amid sluggish demand caused by the coronavirus pandemic.
This sad story suggests there is no escape from economic slowdown, and we must rethink the entire universe of formerly considered defensive instruments.
ok so where is this heading McDonald's reported and it looks like this will this be a support and bounce off or tire this out let people get out and then recover and take out the resistance?
MCD. Uptrend channel$MCD - The stock has reached the lower edge of the uptrend channel. Green line at $ 182.9-183 is the resistance line, which has been tested several times during the last 1.5 years. The red line is the resistance line at $213. Over the last week JP Morgan increased its targeting from $180 to $204, SunTrust from $195 → $208, CreditSwiss from $200 → $210. You can try the current prices with short stop below $ 181, Target1 at $195, Target2 at $208-210.
MCDONALDS: Our view for the nex 2 daysTwo possible intraday long for MCD.
1.
Entry 198.87
SL 197.80
TP 199.90
if breaks...
2.
Entry 194.00
SL 192.62
TP 195.64
