158.8100
Change
0.3700
Change %
0.2335%
Open
158.4400
Close
158.8300
High
159.6900
Low
158.1500
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.%
1.2206
-0.0071
0.5767%
1.3939
-0.0063
0.4521%
16.677
-0.451
2.633%
68.920
0.790
1.159%
74.71
0.65
0.88%
1326.945
-9.140
0.684%
 
 
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