McDonald's amid positive outlook - Analysis - 25-03-2019

Economies.com
2019-03-25 11:45AM UTC

McDonald's stock kept rising in the short-term amid the dominance of the main upward short-term trend, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI. 

 

Therefore we expect more gains for the stock, as long as it settles above 185.65, targeting the pivotal resistance of 190.88. 

 

Expected trend for today: Bullish 

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