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MCD

$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).
NYSE:MCDLong
by adatherton
Potential long opportunity - Low Risk, High Reward setup MCD has bounced off the bottom of a long term bullish channel and recently broke to the upside of a pennant pattern on the shorter time scale. We are seeing strong resistance in the $200 price area (+/- ~$5) from both historical price action, fib retracement, and psychological resistance. Positive trade news looks like it has yet to significantly impact MCD so this might just be a good time to get in on a long stock position or even a call option trade. Setting a stop loss just below the bottom of the long term bullish channel, and setting a profit zone at the top makes for about a 10:1 profit/loss ratio. Being a dominate multi national brand, a decent dividend, and with investors such as Warren Buffett, this might be a good opportunity to get in on a long term play. Would love to hear your thoughts!
NYSE:MCDLong
by Mam13016
4
MCD - Death Cross & Possible Long Entry ForecastWe are sort of in the middle of downtrend. I like to wait for clear trend reversal. Should be around January/February IMO unless Death Cross flips and price goes above moving averages. There is also a bear flag formation under the death cross. What I see as most important - the biggest selloff happened when price crossed under 50DayMA , not the death cross. This is the reason I am watching SPY and AAPL moving average for downturn. Next trend on Daily is bearish. Next trend on Weekly is bullish. To me, this mixed signal implies that the downtrend for MCD will be short as the next Weekly trend is bullish. When the MCD downtrend stops, this would be a good bullish entry point as the Weekly trend will flip bullish as price crosses back above moving average. 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. Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY. Short SPY, AAPL
NYSE:MCD
by MoneyPatterns
MCDONALDS: Buy OpportunityThe price reached the support zone between 192.00 and 190.00 levels. In spite of a breakout below SMA200, which gave us a trend reversal signal, the market can continue the previous uptrend. I refer to a similar structure, which the market passed in 2016 and 2018 years. It is possible to think about buying based on the confirmed reversal signal from the support zone or following a breakout above the local downtrend line. Stop orders must be placed below 190.00 support level. The main profit target should be at 221.00 resistance.
NYSE:MCDLong
by DLavrov
5