So yes, the pull back that many investors had been waiting for over an year finally came, although it's way harder than people may expect, it still create many trading opportunities for both bulls and bears. Here I got this MCD trade , after it's 15% pull-back it gave an inside day, and I would like to long if it's able to break to the upside. Let's see how it goes!
Fat America is still alive and well. Last I checked the Fed isn't hiking the Burger rates. MCD continues to perform and even if we see some flatness and downside in the next couple weeks this is still a good buy. Bearish on the average Joe's ability to choose proper sustenance Bullish on burgers and fries. Also check out KO for a nice cheap beverage to quench...
Sell the $155 put for February for $0.55 or higher. Looks like it will be close if the market keeps selling off. There is support around $160 at the 200 day SMA.
Shares of McDonald's Corporation are trading at a P/E ratio over 30. No matter how solid earnings reports the company may have published, it is time to correct the excesses. Good luck fellow traders
4 hour chart no trend at the moment. Matched all Fibo levels until now. Once goes after latest top, there's another Fibo level to reach as shown. next close above 172.77 can reach 174.95 another close above 174.95, target on 178.46
conditions. See Enlarged Daily chart in update.
High probability that MCD has put a top and I am short term bearish.
Double top pattern on Mc Donalds NYSE:MCD , indicating the two bounces, breaking zone and target for the short position. Parabolic SAR indicator confirms the bearish trend after the breaking.
MCD stock price formed a head and shoulders pattern. The first part of a head and shoulders pattern is an uptrend, bounces making a first top (left shoulder), then it goes down and makes a minimum. Now that the left shoulder has formed, the price moves higher and makes a second top (HEAD), higher than the left shoulder, then it goes down and makes another minimun...
Slightly bearish on this share after data release of 1.76 vs 1.73 previous. This time my decision was purely based on my new forex system, but testing it on stock market, Lets see what it does! Have a good Trading week, Cream Live Trading, Cheers!
McDonald's comparable sales will be aided by continued investments and menu innovation. Alongside above mentioned factors, its international presence with a softer USD will aid overall margins. However, with rising wage growth and soft quarterly restaurant spending globally, I expect profits to be under pressure. Guidance should underwhelm with the...
Whenever there is a huge uptrend, those who are not willing to chase high price always say that they'll wait for pull back. While there are still people contradicting with themselves that when a pull back actually happens, they change there mind and think, "the uptrend is over , this is the top!!!!" and starting shorting the stock. This makes no sense to me, as...
The MCD price reached support and changed to bullish trend.