* MCD Price tanked hard in early June before bottoming in the **Daily Demand Zone** around 284–288.
* Strong rally into early July formed higher highs and higher lows — textbook bullish market structure.
* Recent pullback tagged the **local Demand Zone (299–300)**, aligning with a diagonal trendline (daily support).
* The latest rally tested the **Supply Zone at 311–314**, which rejected price, bringing us into this corrective move.
* **Earnings (Aug 6, Q2 2025)**: EPS **\$3.19 vs \$3.145 est** (beat by \$0.045), revenue **\$6.84B vs \$6.70B est** (beat by \$145M). Strong top-line surprise suggests resilience despite macro headwinds.
* **News sentiment**:
* McDonald's reported **increased consumer spending** driven by **price hikes and product changes**, though low-income customers remain pressured.
* CEO commentary noted consumers are “navigating a fog,” with Cava trimming sales outlook signaling a cautious restaurant sector.
**Elliott Wave Count:**
* Wave 1: June low → July breakout.
* Wave 2: Minor retrace in mid-July.
* Wave 3: Strong push to August highs.
* Wave 4: Current corrective wave, likely ending at 299–300 Demand Zone.
* Potential Wave 5 targeting 311–314 Supply Zone if bullish reaction confirms.
**Supply & Demand Zones:**
* **Demand Zone (Buy area):** 299.7–300.5
* **Supply Zone (Sell area):** 311.3–314.2
**Trade Idea:**
* **Entry:** 302 (Trendline Breakout)
* **Stop Loss:** 297.0 (below last low)
* **Take Profit:** 311.8 (Supply Zone low)
* **Risk/Reward:** ≈ 1:3
**Trade Management:**
* Consider moving SL to BE once RR hits 1:1 (\~303.2).
* Scale out partials near 311.3 and let runners test 314.2 if momentum is strong.
**Risk Management:**
* Max \$ risk = 1–3% of account equity.
* No over-leverage — remember, even McDonald’s can give you a “McWhiplash.” 🍔📉
> “It’s not about being right or wrong, it’s about how much you make when you’re right and how much you lose when you’re wrong.” – George Soros
**Disclaimer:**
This is not financial advice. Educational purposes only. Markets can turn against you — manage your risk.
Note
3:1 HitYou might increase your position size and move SL to TP1:1 level ~305.32
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.