$MCD ascending broadening wedge on daily$MCD ascending broadening wedge on daily w/ gap open below. Expecting move to fill gap to 105s.
MDO trade ideas
MCDLooking for a break of the neck trend line.
Looking for a break and daily close below that for a target of a gap fill of 105.
Broke below major resistance zone - Outside BarPay attention to 124$, a resistance zone that was broken after a huge weekly False Break.
Price is below the Fast SMA line (bearish confirmation signal) and unless Brexit will deliver a strong rally, I expect MCD to continue lower
Tomer, The MarketZone.net
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At McDonald’s, All-Day Breakfast Cools
If Macydy breaks the light green support line, guess what? Free fall zone till $30ish area and possible strong bounce. Or the next support zone would be the dark green support line.
Red line is a possible resistance line but it may change as the month goes by.
www.wsj.com
McDonalds Corp.Demand zone highlighted in yellow. Buy on a pullback to this demand zone.
Entry: $120.76
Stop Loss: $119.00
Target: $124.00
cono compradocall des 16 120 a 5,50
put des 16 120 a 5,30
valor extrinseco 9,28 volatilidad 18% iv percentile 26%
riesgo 8%
MCDONALDS buy setup in ascending broadening wedgeThis is a buy setup for the MCDONALDS stock, I expect another up move after the retracement which is currently taking place.
Good luck with your trading guys and thanks for the support!
McDonald's looking for a pop $MCDI like the look of $MCD at the moment it is looking quite healthy and ready for another pop. first target for Monday 123-124. But I am hoping for a gap above that on open.
Hate the food but I'll happily get into their stock if its going to pay off! No entry until good confirmation though.
UptrendThe last wave of the uptrend since February has been retraced now. Thus the trend may continue.
McDonalds at key resistance, expecting a correction MCD is at its Elliott Waves monthly time frame target in the $132 area.
5 waves completed
RSI14 is showing bearish divergence.
MCD is testing the upper band of its rising channel.
$132 area is corresponding to the 1.5x the height of its previous channel projected on its breakout point in 2008.
Minimum target in the $101 area, then possibly $82.
