McDonald's gathers positive momentum - Analysis - 23-04-2021

Economies.com
2021-04-23 12:12PM UTC

McDonald's stock (MCD) rose 0.30% in the last session while stuck in sideways trading, in an attempt to gather positive momentum to propel it higher anew, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA.

 

Therefore we expect more gains for the stock, targeting the resistance of 243.63. 

 

Expected trend for today: Bullish 

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