$MCD Short Term Outlook Not many bullish scenarios in blue chips out there.
MCD broken RSI trendline
MACD crossover
MAs on the verge of crossover
Bullish scenario=Retracement to 175 area
Bearish scenario=Retracement to 167 area
MCDL trade ideas
SICK sector rotations to defensive stocks for US stock market!I posted so much less stock ideas this quarter as generally I like to long stock that I'm willing to invest, and look for bullish set-ups.
While even I'm still bullish in so many names, but there aren't so many bullish set-ups in this market.
Wait a minute, defensive stocks are big exceptions and perfect choice for bottom-up strategy recently, and it's more than reasonable!
KO
PG
MCD
YUM
COST
and other classic defensive names like VZ, JNJ, MRK, PEP all showed great relative strength than the market!
(T is the lagger though)
That is, P/E ratio for tech stocks encounters huge corrections and the money come out of them just ran into these defensive stocks.
U.S stock market is still the top choice as there aren't many better alternatives.
While, investors tend to turn money into defensive stocks to fight for fluctuations.
In conclusion, it's still far from a financial crisis and it's still not too late to look for long opportunities in this sector!
Let's see how it goes!
The McRib is back! I'm sure that's why we're up almost 30% on the year.
It's not like they invented some new piece of technology I mean come on.
Not done with my defensive name hunt.
MCD Correction MACD bearish divergence, About to cross down. Also, MCD is correcting from its yearly high. I'd buy Put for December
MCD - LONG - after AccumulationMCD - after accumulation
waited for LPS (LPS its not a stock, its a Phase at WYCOFF Analyses) above ressitance, stronger than market
Entry at 181.09
stock now at 185.95 so stop at break even without Taking any profit
try to see where the stock can go
will calculate Profit Target and will load it :)
Buying puts on cheeseburgersShort term bearish on MCD. Just hit key resistance level matched by bearish RSI/Price divergence. I'll stay short for the time being unless it breaks out above its resistance level. This also came after a long run up, thinking of buying puts while they're cheap.
$MCD McDonalds Breaking Out - Target $200$MCD McDonalds Breaking Out - targeting $200 by next earnings report late January. Expect to possibly see a near term pull back and retest of $179 support.
Note: Informational analysis, not investment advice.
mcd just popped todaybroke to the upper trend with strong macd, just need stronger volume to confirm
Short! so short..Publishing this only because alot of plebs on here are posting long charts but the bear div is so blatant, on the monthly, weekly, and daily...
Ronny want to pop MCDMCD looking ripe for a breakout. If it does with volume and the market rallies we could see 200.
MCDWeekly flag breakout .. there is few resistance on the way but i think that we will have a new high soon
Here another nice chart for you.Markets are patterned. It is just that sometime, well maybe most of the time, patterns are not that clear but when they are you have to jump at them and ride along.
MCD is one of them. Just sprinting out of a contracting triangle label wave 4 of the impulse wave that started at the low of August 2015. Since the end of wave E, MCD has unfolded in beautiful impulse waves. Just a wonder to watch. 182 might temporary stop current advance but we see higher level.
Keep it mind that triangle are preceding the last wave of a move. Thus, once current advance is over, get ready for a substantial decline.
MCD gaining in a tough tapeMCD shares are gaining in a tough tape after a strong earnings report. Looking for a breakout to new 52-week highs.
MCD monthly breakoutAfter a 7 month consolidation we have a breakout despite a weak market the last 2 weeks. Approaching oversold, time to buy Mar calls.
MCD trade . Hoping for weakness on earnings tomorrow. Earnings on 10/23/2018 before bell. Watching for weakness NYSE:MCD to get long at support for Wave 5 higher
mcd mcdonalds analysis short and long targetsim entering short until around 159 \will flip to longs afterwards
MCD Rallies into Positive Territory for the YearPredicting MCD bumps up higher from here, CMF crosses above .05 to push MCD back into earlier channel, supported by Ichimoku Cloud.
MCD BreakoutMCD breaking out of both patterns, a stop order can be placed few cents above yesterday's high. All indicators are positive for this one and we recently have 50MA crossing above 150MA.
