"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! Longby ThinkingAntsOk11
MCD - Unhealthy eaters are not going anywhereLook to the moving averages to tell you that this is a great opportunity to buyLongby Chart-ArtUpdated 6
“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. Disclaimer: 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.Shortby CryptoTrend-Alerts1144
Mc Donalds Trade setup Mc Donalds has almost clawed its way back to the summer highs but is showing some strain heading into earnings tomorrow. May be wise to wait for earnings and then catch a breakout trade, or indeed a short if we see a disappointment. $240 to the upside and $190 on the downside are areas of interestby Bullishcharts2248
TurnaroundI have just closed my short position and turn it into long now. Markets remain volatile in front of the FED and the momentum points upwards at moment.Longby motleifaulUpdated 6
MCDONALDS (MCD) On Its Way To Market High Very positive forecast for Mcdonalds! yesterday the market has retested a broken resistance that turned to support. after that, we see a very strong bullish reaction! for us, it signifies that most likely in the nearest future the market will reach the current high. the initial target is 214 the second target is 220 Longby VasilyTrader3342
"McDonalds: Top and Bottom Analysis" by ThinkingAntsOk4H Chart Explanation: - Price is on an Ascending Channel. - Price broke the Descending Trendline. - Bearish CCI indicating a correction from here. - After it, potential to move up towards the top of the Channel. Weekly Vision: Daily Vision: Updates coming soon!Longby ThinkingAntsOk1112
POSSIBLE SHORT FROM MONTHLY SUPPLY ON MACDONALDS CORP.Ascending trend line broken on the monthly creating a valid supply zone. Possible short bias.Shortby nii_kwaatei_niatse337
Will McDonalds continiue it's uptrendHi Traders On the weekly timeframe The Hitman Indicator showed a Buy Print last week. Let's check what could happen the next few weeks with this stock. As you can see on the chart, the stock seems to jump off the area around EMA55 (the pink line) in its upward swings. The Hitman supports this with a buy-signal. So where could we expect it to go? To try to answer this question, I drew a Trend Based Fib Extension. I usually target the 1.272 line (Price: 229.80) with the Fib Extension. This would be roughly a 12% gain. I would also consider to take some profits out at the 1-line (Price: 218.77), just because we are in All-time high regions. Longby TheHitman2213
MCD Attempting to BottomMCD is struggling to form a short-term bottom at a non-support level. The stock had been under heavy distribution which triggered High Frequency Traders selling short as well as Pro Traders selling short, even while new Retail App Broker Investors were buying into the downtrend. Buy on the Dip strategies are in play, but the large lots overwhelmed the retail small lots. There is no Dark Pool Quiet Accumulation in this bottoming attempt. by MarthaStokesCMT-TechniTrader666
$MCD- short, goor risk/rewardNYSE:MCD - short, looking for bounce off the resistance above the current price, target around $200, the lower trend line of the bullish parallel channelShortby crasher332
MCD – Bullish Reversal to Gap Fill– Lovin’ ItTrade Entry I am tapped for capital with other trades actively working. If I were to enter, this would be my entry choices: Jan. 24 Expiry. 200/205 Put Credit Spread. $2.50 credit. Risk and reward are even $2.50. If you want to play earnings (which looks like good idea), move out to Jan. 31 or do both dates. MCD above $205 at expiry keeps the whole credit. Stops – MCD at $198 exit trade. Exit at 50% profit or hold to expiry if looking bullish. Chart Details Bullish breakout of bear flag. Bullish EMA cross and price 10WeekMA cross. Price should head up to fill gaps IMO. Probably consolidate at each gap. Watch RSI at 75 for bullish slowing. Daily and Weekly trend both bullish. Looks good. Previous MCD Chart About Me Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. www.moneypatterns.com - Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards. Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish, CRWD Bullish short term. Longby MoneyPatterns20209
Taking out @ MacdonaldSome says food is a recession proof business but with many competitors in the Burger business, customers are now spoilt for choices. While MacDonald has enjoyed a good brand name and being the first few early adopters of Fast Food, many other are fast catching up as well. If price level at 189.45 can hold , then we can see a recovery and possibly a breakout of the bearish trend line (red). The first target is 206 where there is a gap to be filled before the next gap at 215. However, if the price level of 189.45 fails to support, then it is likely for the price to heads south towards 176 level to meet the gap.Longby dchua1969Updated 7
$MCD missed last four earnings without ill-effectMCD is a safe solid stock, although oddly in XLY rather than XLP. It has missed the last four earnings, and the pullbacks from those misses are fairly mild recover quickly. Even the double whammy of a miss and loss of CEO in Q319 started to recover within days. Note in Q418, the stock only fell 11.5% against a general market decline of 20%. In this respect it is quite similar to KO (although that is in XLP), another purveyor of junk consumption. Assuming the current trend continues, a pullback on another earnings miss of 3.84% or less gives you a safe stock to return to $220 in 2020, and the PE return to the highs of 28. Note MCD is a DJIA component, and risks being dragged on any macro DJIA collapse (election, rate hikes etc).Longby adatherton5
$MCD Forms Ascending TriangleWe are seeing an ascending triangle pattern for Mcdonalds. Potential breakout may happen anytime soon as the volume increases along with increasing price as well. by anses071
Well RetracedWe have retraced the rise since yesterday. As long as we hold above the cloud I see a dood chance for a further rise today as I am expecting some more fluctuations due to the expiry date.Longby motleifaulUpdated 9
MCD - Short Idea. This one popped out at me, price is creating a flag/pennant after a strong move down that has broken through strong levels, notably the 200 EMA on the daily. I have taken the trade as its offered with my CFD broker. 1% Risk, 2:1 RR. Very much a swing trade. -Happy Trading!Shortby MattArmstrong3