Now market could rebound on bottom channel, took a bearish position for slow movement mcd to test the water.
Are we about to observe similar drop for the global giant McDonalds that we saw in 2020? These are few points that may trigger it: Fundamental indicators: Recession - warning macro signals suggest that world economies are slowing down and recession is possible within a year, this may be reflected in the forecast of the company, like any other in...
NYSE:MCD Hello friends, I think this week's chart could be like this
May 260 call BID .32 ask .43 buyer bought these at $4.55 for 900k . plenty of time for these to rebound
The PEAD projected a Bullish outlook for $MCD after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 90%.
NYSE:MCD Hello friends, I think this week's chart could be like this
NYSE:MCD Hello friends, I think this week's chart could be like this
Look for an entry between 250-253 Approaching bullish trend resistance. Bearish Divergence on the Daily time frame. Entry $252.25 TP 1 $248.24 TP 2 $246.15 TP 3 $242.40
• Nice upside of the MCD in the last weeks. • It looks like a flag formation beginning April at the 61.8% Fibonacci Retracement • The gap before the flag formation showed a nice support at USD 242.95/244.77 • 50 MA is turning positive and will cross the 200 MA soon if the upside is continuing • Outbreak of the flag formation was with higher volume which is...
MCD fell from a head and shoulders top and price completed a bit more than 100% of the fall, but not much. Price is on the prior neckline which can serve as support. Price hit C and appears to have bounced. ABC Bullish is a common pull back pattern and the target is D. Targets in large type are targets 1. Small type is targets 2, if targets 1 are...
Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA |...
demo text This is very brief description but briliant idea
$MCD kinda lovin it here. Had a nice close Friday and didnt explode too high yet after flagging on the daily/4hr chart. I expect to see another move higher in the next few days if we break above $240 towards the $250+ level. Hourly close above 240 send with SL 237.
If you haven`t sold the forming of the Head and Shoulders bearish Chart Pattern: Then you should know that McDonald’s owns around 84% of its 847 restaurants in Russia, which accounts for 9% of its total revenues and less than 3% of its operating income globally. They will continue paying its 62,000 employees in Russia. Considering the facts above, my buy area...
Here we have a classic Head and Shoulder pattern. When the news surfaced that MacDonald's will close shop and still pay employees, there was already a tentative Head and Shoulder reversal pattern. Buyers got out taking profits and sellers got in riding the wave down. This is trading. There are always great opportunities even in the worst of times.