McDonald's surrounded with positive signals - Analysis - 07-08-2019

McDonald's stock rose in the intraday levels after leaning on the support of the main upward trend line, with positive support from the 50-day SMA, coupled with positive signals from the RSI. 

Therefore we expect the stock to rise and target the resistance of 220.00, as long as the support of 210.00 holds on. 

Expected trend for today: Bullish