McDonald's climbs for second straight session - Analysis - 13-02-2018

McDonald's stock (MCD) rose in the intraday levels, scoring a fresh profit of 1.93% in the last session, or 3.10 points, while the stock is hurt by piercing the main upward trend line recently in the short term, with negative pressure from the 50-day SMA, while trying to vent off oversold saturation in the RSI. 

Therefore we expect the stock to return lower, as long as the resistance of 167.90 holds on, targeting the support of 153.27.