McDonald's Corporation (NYSE: NYSE:MCD ) falls short of quarterly profit estimates for the first time in two years. Amidst a backdrop of geopolitical tensions in the Middle East and evolving consumer preferences, the iconic fast-food chain faces challenges in maintaining its market dominance. This article delves into the factors behind McDonald's recent...
My plan is to buy NYSE:MCD puts on Monday before earnings. This idea is based purely on technical analysis, which I think sufficiently supports the theory that the price will go lower in the short term. However, in the broader scope, this drop could produce a great buying opportunity for those looking to go long.
The weekly chart shows last week’s solid green...
MCD has been retracing from $300.
Now at a major support around 269.
Strongest support above the 250 area.
$ 268.98 - 269.67 is the exact zone of interest.
$ 250.05 - 251.41 is the next strong support below.
$ 273.05 - 274.41 is the immediate resistance above.
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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...
NYSE:MCD Multi-timeframe analysis indicates strong momentum on to the upside giving a higher probability that a trend reversal could be in play.
On the daily, we see short term bullish price action confirmed by volume (denoted by the highlighted circle. These charts in combination allows us to initiate a trade to the long side.
Bearish divergence and about to test the channel it broke down from shown by the red resistance. Likely will get rejected and will revisit $265 to support. Breakdown likely to results in mid $250s around the 1.618.
This is not financial advise. Trade at your own risk.
The chart posted is MCD I now see a nice ABC decline into .618 And wave A down x 1.618 to equal wave C is within 1 I would be Only buying Calls for JAN 2025 and I would look at at or just in the Money to trade this Time is your friend if you buy at or in the money . Best of trades WAVETIMER
McDonalds is showing us a very healthy bullrun. The corporation is bullish since 2003 and increased the value by more than 2000% since 2000. The Israel/Pakistan conflict is bringing the retail sales near middle-east near bankruptcy. After Israeli owner of all 200 restaurants started supporting Israeli army, muslim religions started an offensive campaing against...
Potential long entry for NYSE:MCD , which currently trades close to an important support level. In general, the $260 - $270 area looks interesting. The idea is backed by a positive seasonality for the month of April. charts.equityclock.com
MCD lives on people liking what they eat and eating a lot of it. The Happy Meal is famous.
into the business model comes the new wave biologics for obesity and diabetes. the shots
that cut down the weight and the food addiction. Insurance companies are jumping on
the bandwagon. 1/3 of the people eat half the food. Increasingly, those people are...
McDo took a huge liquidity from previous all time highs before breaking the structure downside with a wyckoff more visible in daily timeframe.
I'm expecting the price reach my supply zone in 288 and then going down until 250 but the final target price will be 122.
Upside risk (2.7%)
Downside profit (57%)
very similar to the previous formation. I'd play this one with caution but it may serve as a good buying opportunity if it plays out like how it did in the past.
This stock has dipped and slid through its support, which was not a strong support level. There is minimal support nearby. And the support above is now a moderate resistance level.
There was some mild rotation in the Volume Oscillator and Money Flow indicator patterns followed by pro traders selling.
The reversal candlestick pattern failed.
However, the risk...
Are you hungry for a potential investment opportunity? Look no further than McDonald's ( NYSE:MCD ). Despite a recent drop from its high of around $300, this fast-food giant is showing signs of being undervalued on the daily timeframe. But what does that mean for you? Let's break it down.
First off, what's with all this talk about bullish trends? Think of it...
For McDonald's Corporation, we continue to believe that we are in a long-term downward correction on the daily chart. We completed the first 5-wave cycle with Wave (5), nearly at the all-time high of around $300. Since then, we've developed the subordinate Wave A and potentially also completed Wave B or at least its initial parts. We expect to see Wave C and the...
