Bottom forming on MCD. Look for a rebound to the upside. MCD is forming a head and shoulders bottom pattern. Look for a break above the neckline ($161) for confirmation.
MDO trade ideas
MCD - A 16% Upside PotentialHere are some quick fundamental facts -
Net income has been increasing for the past 3 years.
Operating margin has been increasing for the past 3 years.
Total cash flow from operating activities have been falling for the past 3 years.
Both ROA and ROE have been increasing for the past 3 years.
Dividend has been increasing for the past 3 years.
Latest Current and Quick ratio at 1.84 and 1.54 respectively.
Overall, the fundamentals on MCD look strong.
Coupled with the recent fall in price, it might be a good time and opportunity to start accumulating into MCD.
Looking to long between 153 to 155, with stops below 150 and a target at 179.
Disclaimer - this is not a trade call. Ensure you have proper trade and risk management plan before engaging the financial market.
MCDONALD'S CORP; NYSE: It is time of the US Stocks.
With the anticipation of the fall of the USD after bad confidence data today and poor GDP prospects tomorrow, the shares of US companies are attractive. We see an inverted Shoulder-Head-Shoulder in the average of 200 sessions at Macdonald's.
McDonald's Corp52W RANGE - $127.93 - 178.70
MARKET CAP - $128.3B
AVERAGE VOLUME – 5,623,592
BETA – 0.64
DIVIDEND YIELD – 2.50%
P/E – 25.13
EPS – 6.43
EARNINGS YIELD – 5.05%
NYSE:MCD shares outpaced the industry in the past year. McDonald's focus on franchising will cut the company's capital requirements and will boost earnings per share and ROE over the medium to long term.
NYSE:MCD has a strong brand recognition globally and is the largest chain with restaurants in over 100 countries. It intends to attract customers in high growth markets and international lead markets, it is consistently trying to improve its performance in Australia, France, Germany and the UK. McDonald's continue globally to put in self-order kiosks, the table service, menu app and digital menu boards - making the costs in the long term lower and also cutting out human errors. Despite the huge competition, Australia's traffic has increased as a result of the $1.00 hamburger promotion.
On top of this with the rising health concerns and increase in obesity and related diseases amongst the customers, the company has discontinued the use of chicken raised with antibiotics. It has also replaced margarine with butter in its breakfast sandwiches and removed artificial ingredients in the famous chicken McNuggets.
NYSE:MCD has always been strong on rewarding it's shareholders through share repurchases and dividends.
NYSE:MCD technically speaking also looks a buy the dip scenario after a few weeks of harsh selling on the equity after missing earnings estimates and puts the equity currently at -6.10% YTD. The bulls have started to buy again.
NeroTree rates NYSE:MCD as a BUY with a $180 price target
MCD: LONG - Correction overdoneTHIS IS FOR NOTE TAKING PURPOSE ONLY.
MCD fell sharply on 2/5 following soft forward guidance. Price guidance still at 170.
DAILY Chart:
- Formed bottom on 3/5. Price @ all time low @ 146.84, MACD Histogram @ -.6560 compared to 2/5 where price fell to $153.86, MACD Histo @ -1.2298 =>Bull Divergence
- 3/9: MA(4) cross-over MA(9) , MACD HISTP Crossed centerline to +
4 Hr Chart confirms Daily Chart trend.
$MCD broke $158.49 resistance, expect to turn support$MCD broke $158.49 resistance.
Analysts expecting double digit % drop in same store sales on earnings report looks priced in. Was oversold RSI.
6 touches on the downtrend resistance line.
Expecting previous resistance to turn to support on way to $162.50
MCD Inside day long opportunity.So yes, the pull back that many investors had been waiting for over an year finally came,
although it's way harder than people may expect, it still create many trading opportunities for both bulls and bears.
Here I got this MCD trade , after it's 15% pull-back it gave an inside day, and I would like to long if it's able to break to the upside.
Let's see how it goes!
Would you like fries with that Dip?Fat America is still alive and well.
Last I checked the Fed isn't hiking the Burger rates.
MCD continues to perform and even if we see some flatness and downside in the next couple weeks this is still a good buy.
Bearish on the average Joe's ability to choose proper sustenance
Bullish on burgers and fries.
Also check out KO for a nice cheap beverage to quench your thirst for green candlesticks.
MCD put sale for February expirySell the $155 put for February for $0.55 or higher. Looks like it will be close if the market keeps selling off.
There is support around $160 at the 200 day SMA.
MCDONALDS. It Is Time To Take A Break.Shares of McDonald's Corporation are trading at a P/E ratio over 30. No matter how solid earnings reports the company may have published, it is time to correct the excesses.
Good luck fellow traders
MCD H4 no trend4 hour chart
no trend at the moment. Matched all Fibo levels until now. Once goes after latest top, there's another Fibo level to reach as shown.
next close above 172.77 can reach 174.95
another close above 174.95, target on 178.46
MCD: 5th Wave Ending Diagonal, Oscillators in Overbought conditions. See Enlarged Daily chart in update.
Example of Double Top pattern on Stock MarketDouble top pattern on Mc Donalds NYSE:MCD , indicating the two bounces, breaking zone and target for the short position. Parabolic SAR indicator confirms the bearish trend after the breaking.
