McDonald's gathers positive momentum - Analysis - 19-06-2019

McDonald's stock tried to pierce the resistance of 204.18 while gathering momentum to help it rise anew, amid negative signals from the RSI, with the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA. 

Therefore we expect more gains for the stock, especially if the resistance of 204.18 was breached, targeting the next one at 211.71. 

Expected trend for today: Bullish