MDO trade ideas
$MCD with a slight bullish outlook projectedThe PEAD projected a slight bullish outlook for $MCD after a positive over reaction following its earning release placing it in Drift B
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
McDonalds Sell PossibilityHello traders!
Mcdonalds is showing me a couple of different reversal signals after breaking yet failing to break and hold above a key resistance level.
Signal #1: Descending Triangle. I'm watching for a continuation of lower highs and if it breaks below the triangle we will have a new lower low.
Signal #2: It's approaching the 50EMA. I will be mindful to watch for a break at the market open on Monday. This will give me more confidence in the odds of a sell.
Signal #3: Losing momentum on the Money Flow indicator signals bullish weakness.
Signal #4: Price action is beginning to move below a falling VWAP. Breaking above the VWAP will be used as stop loss if I decide to enter.
I am leaning towards a sell back to the support level 210. Patience. I will only enter a sell after the break of the 50EMA for this trade. Let me know what you think below!
*This is not financial advice as I am not a financial advisor. All charts posted are for educational purposes.
MACDONALDS CORP DL Good Entry Buy I am a consultant for anyone who needs a consultant, I see that MACDONALDS Corp will GO UP IN FEW DAYS when the market open
1, When you decide to use my ideas in your trading, please contact me to inform you of some things and monitor the position together without specifying a take profit or stop loss, we will decide when to open and close the position
2 (When I set the take profit and stop loss in a number that does not mean that the price will reach it, I gave a buy or sell signal only according to the analyzes I made in the chart and delete it later, in the order to share it with you so that you have a clear picture and read it clearly, thank you!)
3, you can try me for one or two weeks to decide to work with you and give you signals about buying or selling
Buy the MCD dip with your Happy MealMCD is a good solid American stock to own. What's going on here? Why is it trading so low compared to the average? Something smells funny, and I'm not ready to give up on Uncle Chris Kempczinski, CEO of McDonald's just yet. They got this, MCD is gonna turn it around.
MCD Is Bullish - Stock To LongMCD chart shows the stock is still bullish. Prices are moving within the uptrend channel and will continue its uptrend movement after hit support at the lower support of uptrend channel line. On Elliott wave counts, the price is forming into wave (5) (smaller degree) of wave iii (bigger degree). Suggest to long the stock.
Getting ready for a key scenario on MCD / Long and Short Today, we will show a clear Daily Scenario and how we will trade the Long and Short Scenarios.
Daily Context:
a) The price is below a resistance zone. That level's critical because we saw 2 sell-off from there on September 2019 and March 2020
b)Also, we can see a Yellow trendline (Dynamic Support / Resistance zone) that is another key level.
c) The logic is: The price above the Resistance zone = Possible Bullish Scenario / The price below the Yellow trendline = Possible Bearish Scenario
Trading the Long Scenario:
-We can see a bullish Corrective Structure. Our entry will be above all the previous resistance zones. We will use Fibo Extensions to define the Targets—First Fibo extension for break-even, second Fibo Extension for Taking Profit.
-The Risk-Reward Ratio is above 1.5 / We expect a resolution of 1 month if the price executes our entry
-We will take a 1% risk of our capital on this setup
Trading the Short Scenario:
-We can see a clear bearish consolidation that has been there for 1 month
Our Entry level is below the structure (without considering the big shadows of the candlesticks). Our Break-Even is on the first Fibo Extension, and the Target is on the Daily Resistance zone
-The risk Rewards Ratio is above 1.5 / We expect a resolution of 15 days as maximum if the price executes our Entry
-We will take a 1% risk of our capital on this setup
Thanks for Reading!
V Cup and Handle Earnings in am BMOSmall gap below price
MCD just fell from a bearish and narrowing rising wedge..it appears to be recovering/average fall for a stronger stock is 35%/some merely pierce the bottom trendline of the RW and move forward. Some never break down from the RW pattern and some actually break up from it/IE CRM
But I would not touch CRM with a ten foot pole unless there is a significant pull back. CRM broke up from the wedge but is possibly trading in a bearish pattern now/A Bearish AB=CD pattern//but just possibly
But this is not about CRM (o:
And RWs can be very long term patterns
RWs are usually bearish and usually have a lack of sufficient pull backs causing an inbalance in supply and demand
I have noticed a lot of RWs since the mkt caught the flu.
I have also noticed a stock in a RW may beat earnings, yet go down anyway. MCD has already pulled back from this bearish wedge
Whether the fall is complete remains to be seen
NV and OBV are high
Just an observation
McDrop? (Nov 13th 2020 - Jan 26th 2021)McDonald's (MCD) (November 13th 2020 through January 26th 2021)
Low: $177
High: $218
Just my idea of a potential downside to happen over the following months.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
McDonald's (MCD) : BUY at $205 - Elliot WaveMcDonald's (MCD) seems like be forming its 5th wave, with SP500 looks like going to correct a bit to $3400 ish, I do expect a little dip of MCD to $203 - $207 level at 0.382 retracement level from its 3rd wave. When MCD dropped to $205 ish, it could be a good buying opportunity. However, keep an eye on SP500 and other major market news, US election has not officially "finished" yet since the Trump administration might take some actions later this year. Overall, with the short-term positive market momentum and MCD's good trend with beating the earnings, it could be going up after a small correction to $250 ish.
MCD Happy Veterans Day to 4th of July target $260I would like to honor all of our brave veterans today. Truly, thank you for your service! What’s more American than a burger and fries? This 4 year trend channel & a pattern to last July, points to a target price of $260 by July 4th 2021 imo. The other thing is COVID should be in check by then, which is good news for all restaurants. Do your own due diligence, your risk is 100% your responsibility. Good luck and happy trading friends...
*3x lucky 7s of trading 101*
7pt Trading compass:
Price action entry/exit
Volume average
Trend momentum
Current events
Revenue & Earnings
Debt / Cash
Book value
7 Common mistakes:
+5% portfolio trades
Bad risk management
Emotions & Opinions
FOMO
Lack of planning & discipline
Forgetting restraint
Repetitive errors
7 Important tools:
Trading View app!
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books
Brokerage UI
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
www.tradingview.com
PLUG Earnings Move Bull Bear CaseMCD is going to report earnings on Nov 09, 2020 Before Market Open
The options market overestimated MCD stocks earnings move 75% of the time in the last 12 quarters.
This historical data could give us an edge.
Predicted Average Earnings Move: ±3.2%
Actual Average Earnings Move: 2.3%
One can infer MCD stock price will fall within the predicted range.
Note: A potential catalyst such as recent news could take MCD outside the range. In this event, the catalyst would be considered significant. And identified as an outlier.
Closed: 216.56
Predicted ±$6.92 ( ±3.2% )
upside = $223.49
downside = $209.63
Actual ±$4.980 ( ± 2.3% )
upside = $221.54
downside = $211.58
Thanks for reviewing my idea and constructive criticism is welcome.
MCD Earnings MoveMCD is going to report earnings on Nov 09, 2020 Before Market Open
The options market overestimated MCD stocks earnings move 75% of the time in the last 12 quarters.
This historical data could give us an edge.
Predicted Average Earnings Move: ±3.2%
Actual Average Earnings Move: 2.3%
One can infer MCD stock price will fall within the predicted range.
Note: A potential catalyst such as recent news could take MCD outside the range. In this event, the catalyst would be considered significant. And identified as an outlier.
Closed: 216.56
Predicted ±$6.92 ( ±3.2% )
upside = $223.49
downside = $209.63
Actual ±$4.980 ( ± 2.3% )
upside = $221.54
downside = $211.58
Thanks for reviewing my idea and constructive criticism is welcome.