McDonald's attempts to shake off negative pressure - Analysis - 06-09-2018

McDonald's stock returned higher with a 0.94% profit in the last session, or 1.52 points, flirting with the resistance of the 50-day SMA amid attempts to shake off its negative pressure, with the dominance of the main upward trend in the medium and short terms, coupled with positive signals from the RSI. 

Therefore we expect more gains for the stock, as long as it settles above 158.37, targeting the resistance of 171.56. 

Expected trend for today: Bullish