162.3500
Change
2.4900
Change %
1.5576%
Open
162.3500
Close
162.3500
High
162.3500
Low
162.3500
McDonald's readies to tackle current resistance - Analysis - 16-04-2018
2018-04-16 13:20:48 GMT (Economies.com)
McDonald's readies to tackle current resistance - Analysis - 16-04-2018
 

McDonald's stock (MCD) returned higher in the intraday levels, scoring a profit of 0.07% in the last session, or 0.11 points, while getting buoyed by exiting a descending correctional price channel that guided recent short-term trading, readying thereafter to attack the resistance of 164.70, with positive pressure from the 50-day SMA. 

 

Therefore we expect more gains for the stock, especially if the resistance of 164.70 was breached, targeting the next one at 178.40. 

 
 
 
  Symbol Last Change Chg.%
1.1725
0.0032
0.2762%
1.3132
-0.0099
0.7505%
15.492
-0.323
2.042%
68.170
-2.393
3.391%
73.08
0.55
0.76%
1229.980
-11.130
0.897%
 
 
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