McDonald's The trend is bearish. So it's better to take only sell trades. For now use range trade rules.
Mcdonalds
"McDonalds: starting the down move" by ThinkingAntsOk4H Chart Explanation:
- Price bounced on the Resistance Zone.
- After that, it broke the Red Micro Descending Trendline.
- Now, price has potential to move down towards the Support Zones.
Weekly Vision:
Daily Vision:
Updates coming soon!
LONG MCDKeep your trading simple
Bullish Swing
T1 = minimum risk reward 1:1
I always leave 1/3 of my position for long term gains - moving my stop to my entry if I need to give room for the volatility or using trailing stop for maximum gains.
For maximizing your profits you can use Options.
Not a financial advise just my view - trade smart trade safe.
Follow me to support my work, Thanks!
Mickey D's TA testAlthough i feel Mcdonalds is used primarily for convenience by consumers bullish momentum should continue from a TA perspective on a Monthly time frame if you are looking to go long
Price has currently testing a long term trend line
Possible entry point for long
MCD - scalp puts to 181.63Broke out of rising wedge on daily chart
Bearish divergence btwn price (higher highs) and MACD (lower highs), with RSI making slight lower highs on the 4H
Broke out of rising wedge with volume on the 1H with MACD crossing down
Bearish divergence again; price (HHs) MACD & RSI with (LHs)
Zooming into the 15M chart, the 8MA has crossed down the 21MA and 50MA, a bearish sign
If $MCD breaks and holds below 184.33 with volume, it could see 181.63.
LMK WHAT YOU GUYS THINK!!! HAPPY TRADING
Mickey D's testingTesting an 8 year old trend line, upward movement is supported by the climbing trend on the MA indicator that can be observed. Will it hold? I think its likely.
#McDonalds - First Target hit The First Target at McDonalds hit today.
Whats next?
If correction goes on, next target should be $139.
Than we have to look if we change direction from short to long.
MCD hold or sell?MCD is holding its monthly support, if it breaks below this 148 watch for 140 then possible 137-135 gap fill. MCD is strong but the virus could hurt its sales enough to drop it lower.
MCD puts/call signalsMCD caught here, can start looking to buy puts at the 191.8 level but confirmation is below 188.8. Above 195.2 we can watch for higher with confirmation being 198.9
"McDonalds: bouncing from a critical level" by ThinkingAntsOk4H Chart Explanation:
- Price is on a Weekly Ascending Channel.
- Price is on the Support Zone and on the Bottom of the Ascending Channel.
- We expect price to move up towards the Resistance Zone.
Weekly Vision:
Daily Vision:
Updates coming soon!
MCD Exaggerated Bearish DivergenceExaggerated bearish divergence! Price makes two tops on approx same line, while the technical indicator in this case RSI produces a bearish divergence.
MCD Bullish BreakoutA consumer staple defensive, unaffected by tariffs. ER May 1, but would need big miss (like Jan 18) to drop, and in any event lower revenues already in guidance and therefore estimate. Indebted, so benefits from no-hike policy, not really affected if USD falls.
Just broke out, so buy retest of breakout line for top of channel. 2% SL below last low.
BUY 191 SL 187 TP 214 RR 5.75 RISK 2.09%
MCD Failed BreakoutMCD turned and ran down at a strong previous all time high. The action was on moderate volume. The bottom failed to complete, and a retest of the bottom support levels may develop.
"McDonalds: Top and Bottom Analysis" by ThinkingAntsOk4H Chart Explanation:
- Price broke the Corrective Structure and, then, the Descending Trendline.
- On a Weekly Basis, it is on an Ascending Channel.
- Now, it has potential to move up towards the Top of The Ascending Channel.
Weekly Vision:
Daily Vision:
Updates coming soon!
MCD - Unhealthy eaters are not going anywhereLook to the moving averages to tell you that this is a great opportunity to buy
“Everything Bubble”: McDonald's This Is How the “Everything Bubble” Will End.
McDonald's shuts 300 restaurants in China as coronavirus spreads.
Fast food chain sets up epidemic task force for virus, which has killed 132 people
McDonald’s has closed hundreds of restaurants in China and added its name to the list of global companies bracing themselves for the impact of the coronavirus outbreak, amid signs of a mounting economic effect alongside the human cost.
The fast food chain said it had shut about 300 restaurants and set up a epidemic task force in response to the virus, which has killed 132 people and infected more than 6,000, particularly in Wuhan, the capital of Hubei province.
Although McDonald’s didn’t open a restaurant in mainland China until 1990, the country has become one of its largest and fastest-growing markets, with about 3,300 restaurants and 1,500 more planned by 2022.
Its operations in the country make up nearly a tenth of its worldwide restaurant count, nearly 5% of sales and 3% of operating profit.
“China is a critical market for us and we’re very concerned about the situation over there,” said the chief executive, Chris Kempczinski, although he said the overall impact on profits would be fairly small if the virus remained relatively contained.
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We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
YUM BRANDS BUYING WENDY'S..? SEE ARTICLE..GREAT FIT!Hello folks..
This morning we were sent an article from a Wall Street friend dated December 27, 2019, approx. 4 weeks ago.
Here's the link...
www.restaurantbusinessonline.com
Wendy's is in an uptrend moving into earnings.
YUM Brands, with a market cap of over $30 Billion, could buy Wendy's without hesitation.
Keep a close eye on Wendy's because YUM buying Wendy's we feel would be a great fit.
Best of luck with your trades!
