McDonald's exhausts positive chances - Analysis - 20-07-2018

McDonald's stock (MCD) fell in the intraday levels, leaning anew on the main upward medium-term trend line as shown in the attached chart, in an attempt to gather momentum to help it rise anew, marking a loss of 0.33% in the last session, or 0.52 points, with negative pressure from the 50-day SMA. 

Therefore we expect the stock to return higher, provided the support of 154.92 holds on, targeting the resistance of 167.94.