McDonald's stock hit an intraday high at 214.63, bouncing off it lower to gather momentum, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA, while venting off overbought saturation from the RSI.
Therefore we expect the stock to rise as long as it settles above 210.00, targeting the resistance of 220.00.
Expected trend for today: Bullish