McDonald's stock (MCD) fell in the intraday levels, recording a new loss of 1.01% in the last session, or 1.66 points, as the stock gathers momentum to help it rise anew and tackle the resistance of 167.94, amid the dominance of the upward medium-term trend, with positive support from the 50-day SMA.
Therefore we expect the stock to return higher, as long as the support of 161.72 holds on, targeting the resistance of 167.94.