McDonald's tries to vent off oversold saturation - Analysis - 18-09-2019

McDonald's stock rose in the intraday levels while recouping some past losses and venting off oversold saturation in the RSI, amid negative pressure from the 50-day SMA. 

Therefore we expect the stock to decline, as long as the resistance of 214.00 holds on, targeting the support of 206.00. 

Expected trend for today: Bearish