McDonald's barely improves - Analysis - 03-06-2020

Economies.com
2020-06-03 11:37AM UTC

McDonald's stock rose 0.10% in the last session with negative signals from the RSI, coupled with support from the 50-day SMA, while trading alongside the upward short-term trend line. 

 

Therefore we expect more gains for the stock, targeting the resistance of 199.75, provided the resistance of 187.43 was breached. 

 

Expected trend for today: Bullish 

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