MCD trade ideas
MCD A.K.A. MCDonald's | THE IMPULSE WAVE IS DONE!On 9 august the price reached a point of 221.93 euros. Is this point the end of the impulse wave? Also around 221.93 is a minor resistance zone. This impulse wave started at the of august in 2015. If I’m right the impulse wave is correct if you would compare it to the Elliot Wave principle. We hope to see that corrective wave A will retrace 38.2%. Then we hope wave B will go back to the 23.6% level. Finally we hope to see that wave C will go to the 50% level!
Now, will the price fall to 204.21, 193.25 or 184.39 with the corrective wave?
Sell: 210.97
T/P 1: 204.21
T/P 2: 193.25
T/P 3: 184.39
S/L: 221.93
PS: I’m only 14 y/o and this is one of my first trend analysis that I publish. Is something is not clear for you or if you have some tips for me, feel free to let me know!
Analysis on MCDONALDS 30.08.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 222.00
• Take Profit Level: 225.00 (300 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 219.00
• Take Profit Level: 218.00 (100 pips)
USDJPY
A possible long position at the breakout of the level 116.70
EURUSD
A possible short position in the breakdown of the level 1.1030
USDCHF
A possible long position at the breakout of the level 0.9900
GBPUSD
A possible short position in the breakdown of the level 1.2150
Checking in on the trade we took on MCD.. Remember the trigger? playing out well..run sym and you can see where the setup came from. Great follow through today
Example of a trigger When i post real time setups... follow the rules.. NO TRIGGER NO TRADE
8/34 EMA CROSS OVER ON THE 30 MIN(swing trades) =trigger.. OFF THE ZONE
STOPS GO BELOW THE ZONE (fib cluster)
Applying Elliott Wave Theory on MC DONALDS by ThinkingAntsOkToday we will Use Elliott Wave Theory as a method to bring extra information to the chart, remember that this is a tool that must be combined with other trading analysis methods, and the final objective is to bring a clear framework for decision making. We will give a Real example on MC DONALDS chart, Elliot Wave Theory was developed by Ralph Nelson Elliott by observing the behavior of the Stock Market. This is a complex Theory, if you are interested in learning more about this, we recommend Robert Balan´s Book "Elliott Wave Principle"
Remember the Basic 3 Rules of Elliot Wave Theory:
1) Wave 2 will not retrace past the starting point of wave 1. If the impulse waves are going up, wave 2 cannot go below the origin of wave 1. If the impulse sequence is going down, wave 2 cannot exceed the peak from whence wave 1 originated.
2) Wave 3 can not be the shortest of the "impulsive waves". Wave 3 is not necessarily the longest, but it is almost always the longest
3) In an upward sequence. Wave 4 cannot overlap the peak of wave 1. In a downward sequence, Wave 4 can not rally above the bottom of Wave 1. If any of these combinations is violated the particular sequence is not impulsive in nature.
Another important concept is that Markets are Fractals by Nature, that means that the structures that you find on a 1D chart, for example, will be replicated on lower timeframes like 4HS. This Rule keeps going independently of the timeframe you are working on, the same happens on a 1H chart and a 10 minutes Chart. That's the reason you will see different symbols on the Elliott Count on this Example.
Observe how we can make a new Count on the 5th Wave we see on the Weekly Chart (is composed by a new 12345 full count). And if we go to the Daily chart, we can make a new count over the 5th wave of the 5th wave, I know this might sound complex but when you take the idea of Fractals, this process becomes really logical.
In this case, Elliott Wave Theory will tell us that all the Cycles are completed, if we combine this with price action for example (using trendlines) we can see that also the price is against a major trendline that is working as resistance, and the last Item will be the Divergence on MACD. This doesn't mean that the price will go in that direction, but if we have to put our money on something, for sure you want to do it in the strongest direction of your analysis.
Hope this Educational post is Usefull for People interested in Elliot Wave Theory.
Thinking Ants
McDonald's updateMcDonald's has been having a great run, with price rarely selling off even during economic cycles and turmoil. Now in a channel with confirmed levels. Over the past year price made it 35.57% up with all time high at $222. Creates great options to trade when the price tests the low side of the channel. Long trade with a good risk-reward or wait for the potential break to sell. Majority of banks and investment funds see this stock as 'overweight'. Watch for the next test of the channel lows. Good Luck!
$MCD McDonald's Weekly True Bearish HaramiMCD McDonald's has just completed printing a true Bearish Harami two candle pattern. True Harami's are explained in linked diagram below. The body of the second, inner candle needs to be no bigger than 25% the size of the preceding candle, in which case this one qualifies. A true large bullish candle at the top of an uptrend, followed by a 75% smaller bodied bearish candle that gaps down from the previous closing price, and is fully contained by the preceding bullish candle. That's a reversal indicator and a good spot to get short MCD if you've been looking to. I believe we could see the 202's area on a pullback. This is a stock that generally outperforms when the markets are in true turmoil, and has been on a tear lately. I wouldn't want to stay short for very long personally. I like August 30th P205, currently trading for .40 per contract for this play. Happy hunting and GLTA!! a.c-dn.net
McBubble McDiamond top updateI keep telling people this isn't worth trying to short... but here it is anyways.
The last McDiamond top coincided with a dividend date, probably gonna get the same here because it's not even overbought yet on the daily.
I expect the market to whipsaw down next week, short anything besides restaurants, lol.
The burger is dead. Long live the burgerHello Traders,
McDonald's, the world's famous fast-food seller for burgers and other stuff has may be finishing an impulsive move of high degree.
As you see oat the monthly chart, McD has an unbelievable rush from $0.14 in 1969 to a high @ $218.96 in July 2019! This high is either wave (5) of „5“ or it is wave ((iii)) of 5.
The „problem“ due to this interpretation is that the latter structure of the advance is not clear an impulse to my view. So the chart is open to different interpretations. But none the less, if one more high to come or it is in place, the next big move for McD is to the downside.
A respectable target for this move, which will morph into an a-b-c-pattern or a variation thereof, is at or around the wave 4 low at $150 at first. More bearish potential exists. There is another target for a solid decline, and for you, as Elliott fan`s it is clear to see.
If so to come, this is a „once-in-a-lifetime- trade!
I will update the chart in the coming days and weeks and let you know if enter a short trade in McD!
Have a great Sunday....
ruebennase
Feel free to ask or comment.
Trading this analyze is at your own risk!
$MCD:NYSE - McDONALDS - Resuming after minor pull backMcDonald's has had a nice steady 30% increase over the last 12 months and seems to have a tradition of dropping for a few days after earnings before recovering and we do now seem to be in that recovery mode. Could be a good stock to hold through a recession / downturn in consumer confidence. One to watch.
McDonald's Corporation (McDonald's) operates and franchises McDonald's restaurants. The Company's restaurants serve a locally relevant menu of food and drinks sold at various price points in over 100 countries. The Company's segments include U.S., International Lead Markets, High Growth Markets, and Foundational Markets and Corporate. The U.S. segment focuses on offering a platform for authentic ingredients that allows customers to customize their sandwiches. Its High Growth Markets segment includes its operations in markets, such as China, Italy, Korea, Poland, Russia, Spain, Switzerland, the Netherlands and related markets. The International Lead markets segment includes the Company's operations in various markets, such as Australia, Canada, France, Germany, the United Kingdom and related markets. The Foundational markets and Corporate segment is engaged in operating restaurants and increasing convenience to customers, including through drive-thru and delivery.
MCD Growth Consumer Stock, Looking for $218 next weekIf everything about the trade war goes down or uncertain, McDonalds as a growth stock, or TLT, will be the few stocks that investors choose to store the money at.
$217.5 Call for Aug 9th x 6: Risking $384
McDiamond TopMcBubble appears to be forming an expanding triangle into a possible McDiamond top again. Obviously waaaay overdue for a drop, been melting up in a narrow channel, but the wave count seems to suggest that it's going to be a wave 4, not a huge tank.
No position, not gonna play it. Last time I bought puts I made money but the return wasn't all that great. Just as easy to short the Dow with DIA puts. The Dow has basically flatlined here at the top anyways.
Daily MCD stock price trend forecast analysis. 26-Jul
Stock price trend forecast timing analysis.
See a forecast candlestick chart of 10 days in the future: www.pretiming.com
Investing position: In Rising section of high profit & low risk so far. But it would be in falling section tomorrow
Supply-Demand(S&D) strength Trend: In the midst of an adjustment trend of downward direction box pattern price flow marked by limited rises and downward fluctuations.
Today's Supply-Demand(S&D) strength Flow: Supply-Demand strength has changed from a weak selling flow to a suddenly strengthening selling flow.
Forecast D+1 Candlestick Color : RED Candlestick
%D+1 Range forecast: 0.8% (HIGH) ~ -0.5% (LOW), 0.1% (CLOSE)
%AVG in case of rising: 0.9% (HIGH) ~ -0.4% (LOW), 0.8% (CLOSE)
%AVG in case of falling: 0.5% (HIGH) ~ -0.7% (LOW), -0.3% (CLOSE)
My Kids love MCDonalds, but it is just to high to go long.Despite a earnings beat, the reaction may have been a little to positive, the fact that het income had actually dropped was somewhat papered over, as comparable-store sales growth dominated the headlines.
The stock has been on great trajectory in 2019 as the company is also rolling out Kiosk and delivery ordering.
At the current level it is just to high to look for a long as a pullback is inevitable. Any signs of weakness, the mass profits sitting in the stock right now could be a source of cash for investors taking a safe market stance.
Will get opportunity to short.
MacBubbleHoly cow, is this ever a bubble. Look at the income statements, lower revenue for 4 straight years, and lower net income for 3 quarters. Of course that means a new ATH, lol.
In all reality it should be trading at $110, but all Dow components are in a bubble, why should this one be any different?
Not shorting this yet, look for a clear reversal pattern like the last time I drew one... (diamond top).
"Joe's earning season preview" EP03 --V, BA, FB, GOOG, AMZN! It's the 3rd week and maybe start to feel a little bit improvement in my English speaking lol.
We got the following important names that I mentioned in this episode:
Mon: HAL, AMTD
Tue: BIIB, CMG, KO, V
Wed: T, BA, CAT, FB, PYPL
Thur: GOOG, AMZN (no time for MMM, INTC and SBUX )
Fri: MCD
So many want to talk about but I only got 20 minute in this video, hope everyone a great trading week yo!
Let's see how they go!
Short it ! :)Price is too high.
Impulse is complete, as it stands right now.
Time for a deep pullback
Will see
Daily MCD forecast analysis report by Supply-demand strength.03-Jul MCD
Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position: In Rising section of high profit & low risk
S&D strength Trend: In the midst of an upward trend of strong upward momentum price flow marked by the temporary falls and strong rises.
Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend.
read more: www.pretiming.com
D+1 Candlestick Color forecast: GREEN Candlestick
%D+1 Range forecast: 0.3% (HIGH) ~ 0.0% (LOW), 0.3% (CLOSE)
%AVG in case of rising: 1.0% (HIGH) ~ -0.3% (LOW), 0.8% (CLOSE)
%AVG in case of falling: 0.5% (HIGH) ~ -0.8% (LOW), -0.3% (CLOSE)
Shorting MCD SharesOn the daily chart of McDonalds`shares the price has formed a bearish divergent bar which is amplified by Elliott waves structure, where, with high probability, we have finished the 5th Elliott wave of a bullish period. In addition, there is an AO indicator divergence. Going short using levels that are marked on the chart.
$MCD 7/5 Short Iron Condor: profit [201.03, 206.47], LIMIT RISKThis nearly ATM July 5th IC on McDonald's is technically driven. For the past 10 trading days, MCD's open and closes have both stayed within the parallel channel range of 203.73 and 206.16. With a great risk/reward ratio, we are entering into a short iron condor on the July 5th contracts, 8 trading days away, with a maximum profit of 147 with a mere, limited max loss of 103, per contract. This spread is constructed by taking a long position in the 207.5 calls and 200 puts, while simultaneously writing the 205 calls and 202.5 puts. Being an iron condor, we will collect the theta premium as maturity nears. This trade is done for a credit of 1.47, so there is a profit between 201.03 and 206.47.
Technical indicators buttress our neutral sentiment, as the MACD has been extremely close to zero over the past two weeks, the DI+ and DI- components of the DMI are very close to each other (within 26.5 and 27, respectively), the ADX reads an extremely low 14, the Stochastics read 50.5 and the RSI and MFI are both within the range of .
