MCD trade ideas
$MCD support is kijun for now; looking to historic trend linesKijun has served as major support. Breakdown/close of 3M candle below Kijun, will be looking to historic trend lines for next level of support. Note the Fib levels that have served as support and resistance in multiple ranges (notably at $103 and $69). Confluence of historic trend line, 50 SMA, and 2.618 Fib level would signal long entry/cover short.
Please share your thoughts. Contrasting perspectives preferred
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.
MC Donalds - Rejected at his gap filling.Rejected at his first gap filling en creates a lower high in potential at the chart.
MCD - 27 Mar 20 | Fib Speed RetracementUsing Fib Speed Retracement, MCD will close at either 0.382 / 0.5 fib. EMA's are starting to pull down towards the 200 EMA which leads me to believe it'll close lower.
MCD Fib Speed RetracementUsing Fib Speed Retracement, MCD will close at either 0.5 / 0.618 fib. EMA's are starting to pull down towards the 200 EMA which leads me to believe it'll close lower.
MDOHey Friends, here my idea to MDO (MC Donalds) (You will all information in the Chart)
Importmant: Just my opinion no financial advice.*
Ready to short Mc Donlad's Instagram:bryantradesmt4Resistance at that area highlighted, just an idea
McD - testing 10-year moving averageAnother candidate for a long-term stock portfolio. Price is at the 10-year average, on the log scale there is a clear trend line, that would indicate a better price to buy at $100.
McDonaldsMCD Otra gigante que se desplomó, tbm por el cierre de todos sus locales por la cuarentena, tendrá muchas perdidas, sin embargo ya se recuperará tbm como todas las demás. Cuanto tiene hasta el máximo ? un 61%. Sin embargo a no apurarse que puede presentar mejores precios aun
#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.
"McDonalds: not looking good" by ThinkingAntsOk4H Chart Explanation:
- Price broke the Ascending Channel and started the down move.
- Price went towards the first Support Zone (now Resistance Zone ).
- Now, it has potential to move down towards the Support Zone .
- We are waiting for a sell setup on a lower timeframe to take short trades.
Weekly Vision:
Daily Vision:
Updates coming soon!
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!
French Fries, anybody ?So this article supported my hunch about MacDonald delivery business.
If the coronavirus continues to invade more countries, what business would continue to thrive?
MacDonald came to mind as it delivers a lot of burgers each day. And fries too.
If you followed our call to buy this counter in November last year, you would have made nearly 10% profits on it. Congratulations to those who followed.
Looking at the 1H chart, there is a possibility that it might correct a bit. If it does, it is more likely to revisit the support at 206.93 than 202.72.
And no, I am not shorting this stock as it is still riding nicely on all time frame on a bullish move!
Trade safely, always use SL and employ appropriate risk and capital management . GBU.
BUSTI want to be categorically clear..we don't have a 100% win rate..and were not embarrassed of our busted trades. This was MCD and we had a zone here at that arrow. We got the trigger, got long and the following day gapped down. As soon as we took out those lows, we were out. We don't hide our losers or pretend they didn't happen. This was a BUST
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.
Retracement FailedWe couldn't manage to close the opening window and shall correct this closing attempt now.
