Daily chart with ichimoku and Fibonacci
We can think that the price will go for 0.786 fibo.
Flat SSB level. The trend is bullish, but a little breathing room would be welcome.
Make up your mind.
Welcome to our presentation on the benefits of using Exponential Moving Averages (EMA) in trading stock options. Discover how EMA's can enhance your trading strategies and improve your profitability.
By Lubosi Forex
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**Disclaimer:**
The information provided above is for educational and informational purposes only....
The NYSE:MCD (McDonald's Corporation) stock is exhibiting a double top pattern, which is often interpreted as a bearish signal in technical analysis. This pattern is characterized by the stock reaching a high price point twice, with a moderate decline in between, forming an 'M' shape.
Given this pattern, a trading strategy could be to enter a short position,...
McDonalds looking like it is getting close to a pull back. First sell signal triggered with yesterdays closing on my SSG trading system.
Ideally would like to sell Calls with a strike of 300, however the premium not high enough. Looking into building up a long put position instead.
Ex D soon too.
Will the operators dump their holding?
>> Beware of pullback / correction.
When a stock / index has gone up substantially, we must be more care if we decide to get involve in it...
monitor closely and be agile....
we cannot PREDICT what definitely will happen ~ we can only RESPONSE to what we see!
Disclaimer: Mentioned stocks are solely based...
McDonald's Dividend Boost: A Testament to Resilience Amid Market Fluctuations
In the dynamic landscape of 2023, McDonald's stock has navigated through various challenges, experiencing moments of ascent and descent. A notable downturn occurred when the company announced its first increase in franchise royalty fees in nearly three decades. However, a recent...
MCD tanked impressively lately.
I had no clue why.
Then I checked the News, which I very rarely do.
There was one article that made absolutely no sense to me:
"Concerns about weight-loss drugs:
There are some concerns that the growing popularity of weight-loss drugs, such as Ozempic and Wegovy, could take away demand from food companies like McDonald's."
To...
Mcdonalds (MCD) stock is currently trading around at a price of $251.52. With respects to technicals, historically, trading below the 300 period MA has been a pretty good buying signal for this stock, and it is currently around 7% below its 300 day moving average. With respects to fundamentals, fast food is typically regarded as an inferior good, which means that...
McDonald's (MCD) beat earnings estimates for the third quarter as higher menu prices boosted sales growth.
Global systemwide sales — which include sales at company-owned and franchised restaurants — increased 11%. Global same-store sales jumped 8.8%, higher than analysts' estimates of 7.79%, per Bloomberg consensus data.
Revenue jumped 14% year-over-year to...
McDonalds Corporation (MCD) has been trading on a Fibonacci Channel Up since late 2020 and since the May 2023 High, has started a correction that twice in October hit the bottom (Higher Lows trend-line) of the pattern. On the October 06 bottom in particular, the 1D RSI reached 20.00, which means massively oversold on strength.
Since the 2020 COVID crash, the RSI...
Hi everyone!
We can see that the price bounced from the upsloping support. It is now time to take long position.
Target and stoploss can be seen on the chart.
