**MCD, NYSE, 2H, Demand Zone Bounce, Buy Setup**McDonald's CorporationNYSE:MCDMESHANL * 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.