McDonalds Reports Tomorrow Before The Bell, What Does My Short Term Chart Say?

Home / Market Comments / McDonalds Reports Tomorrow Before The Bell, What Does My Short Term Chart Say?
January 25, 2009

mcd

My weekly and daily charts don’t support the buy here. This is going to be a very pivotal trading week for MCD’s charts. An up close tomorrow, preferably off of a gap up would probably go a long way to help all the timeframes stay positive.


Tags list


Related Posts

Basically Look At My Last 10 Solar Stock Posts
Alternative Energy, Leveraged Funds, Trades
I sold my index shorts at the close today for a loss of -2.8% on the NDX portion, and -1.6% for the RUT. This was roughly a 30% overall short trade,...
Recap Of Gains and Losses Today Plus Charts
Alternative Energy, Gold Stocks, Leveraged ETFs, Oil Stocks, Technical Analysis, Trades, Uranium Stocks
I was busy this morning and made a bunch of trades that I didn’t have time to tweet out. I had free time later in the day and was able to...
Bought Some Stocks You Probably Want To Short
ETFs, Gold Stocks, India Stocks, Leveraged Funds, Oil Stocks, Options, Technical Analysis, Trades
Bought some stocks today that most people probably want to short. Still long USO calls, UCO, SOL (smaller position now 50%), SOLR (sold some...
Bad Breakdowns In Charts
Leveraged Funds, Technical Analysis, Trades
There are bad trend breaks everywhere. GOOG for one. I posted this chart to chart.ly near the close. After posting it, I bought 1 OTM call in GOOG....