Mc TopMcD looks topped out, divergence on MFI overbought on RSI.
Looking to flip for a buck or two, within the next couple of days.
MCD trade ideas
MCD Approaching Support, Potential Bounce!MCD approaching support at 178.88 (100% Fibonacci extension, 50% Fiboancci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 185.08.
Stochastic (55, 5, 3) is also approaching support where a corresponding bounce could occur.
McDonald's (MCD)MCD has released better than expected 4° quarter results. Foreign currency movements will likely be more of a problem in 2019 than in 2018. This top quality company equity's has a low Beta (0.80) could be suitable in a price swing market's. Our estimate for the earning per share in 2019 are between 8.15 and 8.30 dollars.
Total debt: 31.8 bilions $
Total profit 2018: 6.20 bilions $
Mcdonalds Short? Hey everyone, this is my first post and im still fairly new (2-3 months in) but heres my two cents.
As you can see, mcdonalds is quite a slow mover, however; I also believe that because of the apparent double top/ shoulder forming, we could potentially see a peak as high as the area I have shadowed (at best case for bulls, a third retest of the resistance to form a triple top). The technical analysis, along with an overall slowing-down of popularity amongst fast-food, shows if this move plays through mcdonalds could easily fall to the previous support as indicated.
Let me know what you think.
McDonnalds - A Scary Looking MonthlyI think the stock market might be in a bubble?
I am just using this MCD chart as an example of the state of the overall stock market.
Anything above this 4.618 fib extension should be a good sell. Not too sure how this will play out, but I do know that charts that look like this end up getting rocked at some point. Question is when?..well i think this last trend-line can help us here ( which is pretty much 90 degree slope) when this breaks... look out below.
Best of luck,
hit thumbs up.
mc donalds long the price stops in the support of the 61,8 golden pocket
rsi with bullish divergence close to oversold but up to 30000
histogram bullish divergence
macd crossing upwards
mi target is 184.20-80 in the 61,8 aswell .
te entrance and target pointed with a pink arrow
cuña ascendente con ruptura en la parte superior. señal de compra
MCD Approaching Support, Potential Bounce!MCD is approaching support at 176.71 (61.8% Fibonacci extension, 61.8% Fiboancci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 185.15.
Stochastic (89, 5, 3) is also approaching support where a corresponding bounce could occur.
