The PEAD projected a bullish outlook for NYSE:MCD after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 90.91%.
I hold a bearish view on $MCD. Our analysis indicates that the stock has been unable to break through a significant resistance level and has closed below it. With the failure to break out, I anticipate a period of consolidation for this stock, potentially leading it down to around $282.
After two falling broadening wedges, Mc Donalds is ready to break the highest price, is consolidating in this area, with potential upside of 8% in the near time.
Not financial advice. When price reaches $290.32, i expect to see a strong rejection. Price could reject to one of three levels $286 $283.63 or $273.26 Nothing is guaranteed, but I've posted further analysis on the chart for those interested. This is all on a daily timeframe, so act accordingly. It should be noted that i am not looking to see NYSE:MCD ...
Im looking for mean reversion opportunities in this stock currently. My SL is bassed on time to profit ratio. i dont use stop losses but will get out if theres a 50% decline. I tested for probalistic monthly sharpe ratio outperformance of the s and p 500. I tested for monthly normality with the kolmogrov smirnov statistic. and looked for a non-significant...
McDonald's seems to want to reverse off of the .382 daily fib level from recent ATH. With a close back above the 9 day EMA, i'm interested in seeing if buyers will send it back to the 292-296 supply zone and push through and touch the $300 fib retracement level.
Blue flag showed us the decline of The A/D line, before entering sideways. Sept 30th, showed the lowest price and the lowest OBV line. When price crossed up VWMA (black flag), there was a significant rise of OBV line, while The A/D line was still in sideways mode. Jan 19th, when the price and VWMA are still in the sideways, the A/D line slightly rose up meaning...
bearish posture short term, just lost 50MA, vol profile favors a pull back to 275 which is also .618 Fib
MCD Monthly LOG Chart This iconic American company's stock is nearing completion of an historic bull cycle. Very few companies can compare to the consistent return MCD has provided its shareholders. Am I recommending a short? No... There are much better candidates for that strategy out there. I'm posting this as an example of a complete Elliot wave cycle...
Wow, wow, after a few years, what will happen in McDonald's big company? McDonald's company has taken enough of its profits from the stock market and Wall Street. The global economic recession will start soon. Do you think that 70% of McDonald's shares will not fall? I will tell you. Be prepared for the fall of McDonald's shares. I think you should sell your...
Not financial advice. I believe that the price of NYSE:MCD will very soon reach $298. I'm thinking tomorrow, but definitely by the end of this week.
Yesterday i predicted the price of NYSE:MCD reaching 298. Here we are.
The nation's slow economic growth rate of 1.1% in the first quarter and increasing interest rates and spending cutbacks indicate that a recession may be inevitable. Nevertheless, McDonald's appears to be a resilient company that can withstand the economic downturn. Despite price hikes, the fast-food giant has demonstrated strong sales, making it a worthy addition...
MCD has come off a crazy rally and had slid into major upsloping resistance. In addition, MCD is also very over extended in the eyes of momentum. I have started a short position here.
Here we are looking at MCD on the Daily TF… As you can see, MCD has run into its macro resistance, at a current price of 298.47. This is the third time MCD has tested this upwards sloping resistance line. Each of the previous two tests led to a sharp sell-off. Not only is MCD reaching this upwards sloping resistance, but it is also very over extended. For this...
Sneaky short on $MCD based on bearish exhaustion - Close stop loss in case I am wrong - Not a financial advice
Weekly, monthly huge divergence in MACD and RSI. All timeframes overbought. Ticking bomb.
Falling Wedge formed on MC Ds. The reason it's a Falling Wedge, is because it lasted for a few months. Then the price broke up and within a few weeks, headed straight to the first take profit at $289.50. Now the price is still showing strong Bullish bias. And we need to wait for the market to consolidate and form the next pattern. I'll let you know! In the...