McDonald's emits more positive signals - Analysis - 21-09-2018

McDonald's stock leaned on the main upward medium-term trend line, scoring a profit of 1.01% in the last session, or 1.61 points, and succeeding in shaking off negative pressure from the 50-day SMA, while a positive divergence forms in the Stochastic indicator as shown below the attached chart. 

Therefore we expect more gains for the stock, as long as the support of 156.56 holds on, targeting the resistance of 166.02. 

Expected trend for today: Bullish