McDonald's tries to garner momentum - Analysis - 10-12-2018

McDonald's stock fell 1.34% in the last session, or 2.49 points, with positive pressure from the 50-day SMA, amid the dominance of the main upward trend in the medium and short terms, while gathering momentum to help it rise anew. 

Therefore we expect the stock to return higher, as long as the support of 181.52 holds on, targeting the resistance of 187.37. 

Expected trend for today: Likely Bullish