MCD — Bullish market call
Published by ian cooper on 2026-09-26.
will be opening a long on Monday on this one with $270 as first target
#McDonalds was down slightly on Friday and has now tagged the bottom of the macro parallel. The volume has also spiked on this move down, peaking on the hit of the parallel on Wednesday, showing capitulation from traders. You can see the last time there was this level of selling volume (red ovals on the chart) was the capitulation in March 2020. And after that drop it bounced back almost instantly. The other time there was volume at these levels was in Oct 2024 but this was buy volume and it signalled a blow off top. These VOLUME SPIKES are great reversal indicators. I didn't take this trade last week but will be opening a long on Monday on this one. $270 is my first target for the move back up. $MCD #trading #stocks #NYSE
- Evidence review
- pending
- Trade interpretation
- will be opening a long on Monday on this one
- Source entry
- will be opening a long on Monday on this one
- Source target
- $270 is my first target for the move back up
- Speaker
- unknown
- Attribution
- account_author
Extracted trade interpretations and hypothetical paper models do not confirm source fills or actual execution.
Original source